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Producers are satisfied with the current order book positions and consider these as about normal levels for this time of year. They are now more confident about log supplies and have indicated they could meet any increase in demand from EU buyers should they begin to restock. However, producers are not expecting any significant change in the flow of orders from Europe. The Ukraine conflict and sanctions on Russia are beginning to weaken the economies of some EU member states, particularly Germany and France, compounding the impact of the depressed construction sector in many EU member states...
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Producers report that demand from European buyers remains very quiet with not a hint of the usual autumn up-tick in purchases. Overall, exporters in West Africa are not at all optimistic on prospects for any growth in demand in EU markets. Current demand in northern Europe is heavily concentrated on ayous, sipo and sapele sawnwood. The slow response of some EU members to enforcement of the EUTR is attracting the attention of green activists who seem set to put pressure on authorities to ensure stricter adherence to the regulation.
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European buyers have not yet resumed purchasing after the summer vacation period but, with the economies in the main markets in the EU looking more positive W. African producers are convinced they will see sustained business through to year end...
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Producers in West Africa report that the rather quiet but sustained demand continues with new orders flowing at a steady but unchanged pace. European buyers have not yet returned in any strength to negotiate contracts for the fourth quarter. This is a slower resumption of the autumn and winter round of purchases...
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Average prices of Brazilian roundwood from natural forests are ranging from US$ 110/m³ to US$ 184/m³ at mill yard (US$111 per cubic metre to US$178 in June), while average prices of Brazilian sawnwood from natural forests varied from...
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The demand for sapele logs and sawnwood remains firm and prices continue to climb. Over the past two weeks prices for sawn moabi and movingui have also shown signs of firming on the back of active buying for the French market...
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The European summer vacation period, when importers wish to slow incoming shipment, is allowing producers to catch up on outstanding orders and to improve delivery times for the new business which is expected when European buyers return to the market at the end of August...
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Demand in China, Vietnam and the Middle East is said to be very active while buying for the European market is subdued due to the holiday season. Prices for logs of premium species are still moving up slowly as demand continues to be strong. If demand strengthens further it will be availability that will drive prices higher or force substitution...
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After a recent round of meetings Guyanese stakeholders are now more familiar with the VPA and Guyana's progress to date. Participation at these meetings included representatives from the industry, civil society, indigenous communities and government agencies and focussed on capacity building and the establishment of an effective communication system for the VPA process...
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Sawnwood exports were active and attractive prices were earned on the export market. Undressed greenheart (Prime quality) commanded a price as high as US$1,338 per cubic metre FOB and was shipped to buyers in the Middle East and Oceania
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The upward movement in prices for the premium species continued into the first weeks of June and the new prices levels seem well established. Producers have been emphasising that they are currently close to the maximum log production limit in their government approved forest management plans and that it will be almost impossible to increase output any further...
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Recent price rises for the most frequently demanded timbers have been consolidated as demand is now as firmer, a term that has not been used by producers in the region for several years. Producers are convinced from current developments that demand will remain firm stretching into the third quarter of the year...
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During the period reviewed there were no shipments of greenheart logs but purpleheart logs were exported and at moderately attractive prices. Standard Sawmills quality purpleheart logs were priced at US$300 per cubic metre FOB. Mora logs were sold for a fair price to international buyers with mora Standard Sawmill quality logs fetching US$150 per cubic metre FOB. Fair Sawmill quality mora attracted an FOB price of US$140 while Small Sawmill quality mora logs were traded at US$130 per cubic metre FOB.
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At present there are two main drivers of log prices one is the firming demand for sawnwood in major markets the other the limited availability of the prime species...
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The German Development Bank (KFW) is going financially to contribute in the implementation of a sustainable forest management programme to improve competitiveness of the Peruvian forestry sector...
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Only greenheart and mora logs were exported in the period reviewed, there was no export of purpleheart logs. Greenheart log FOB prices were fair on the market with Standard Sawmill Quality priced at an average of US$ 140 per cu.m, Fair Sawmill Quality US$130per cu.m and Small Sawmill Quality US$120 per cu.m...
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