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The Myanma Timber Enterprise (MTE) open tenders for February will be held on the 22nd and the 25th and a report on the average log prices will appear in the next TTMR...
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About 400 tons of Sawing Grade teak logs (SG5, SG6, and
SG7) were sold in early November by open tender for
local sawmillers and manufacturers...
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The Myanmar Timber Merchants Association (MTMA)
and the Malaysian Timber Industry Board (MTIB) are
working on areas of collaboration and are drafting a
memorandum of understanding between the two bodies...
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In mid September there was a further ‘Special Open
Tender’ for 920 h.tons of old stock teak logs of various
grades (SG7, SG8 and SG9) as well as some teak
thinnings held by the Myanma Timber Enterprise...
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During the first quarter of the current fiscal year more than
80 per cent of all shipments of both teak and other
hardwoods from ocean ports in Myanmar went to India...
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The market situation during the first weeks of July was
similar to that of the previous month with a quiet Pyinkado
market, while Gurjan (Kanyin) continues to enjoy a brisk
trade...
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Myanmar’s annual monsoon usually begins around the last
week of May or early June but this year the rains started in
April which caught loggers by surprise and they had to
leave a huge quantity of logs in the forest as conditions did
not permit transportation...
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The market situation for teak and other hardwoods has
been improving. As a result, prices at the Myanmar Timber
Enterprise (MTE) tender sales are buoyant. Demand for
teak remains good especially for SG-7 (Sawing Grade-7)
logs...
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