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In July several Fordaq members allowed us to take a glance at the current price levels and spans of popular wood assortments that find their way to China via importers. As volatile as all of these trends are, they should, of course, only give a hint and are not to be taken compulsory
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For the Chinese timber import market, the start of 2021 can be described as spectacular. The prices of most wood species have shown a state of skyrocketing. This is quite rare in recent years, especially for prices of imported European spruce and New Zealand radiata pine logs, which have increased to a record high...
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Pakistan is experiencing a major economical imbalance caused by the Corona virus pandemic. The country was suffering from issues even before due to depreciation of Rupee; now the situation has further deteriorated. Today 1 US-$ equals around 160 Rupees. As Fordaq experts anticipate, in a few
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The following timber was sold by tender on 23 February 2015 and on 9 March 2015at the Yangon depot by the Myanmar Timber Enterprise (MTE). Average prices for logs are expressed in hoppus tons
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Teak log sales during the Open Tender held on 24 January 2014 totalled 3,258 hoppus tons. Ex-site prices secured during the sale are shown below...
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The following shows the grade, quantity and prices for teak logs during the 25 and 28 October tender conducted by the Myanmar Timber Enterprise (MTE)
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During the first six months of fiscal 2012-13 a total of 186,500 cu.m of teak logs and 690,250 cu.m of hardwood logs were shipped. Shipment of teak logs in the same period fell by about 25% and shipments of hardwood logs were down by about 10% compared to the same period last year. With only six months before the log export ban is expected to be introduced analysts say
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The following prices were recorded for teak log sales during competitive bidding on 26th and 29th July during the Myanma Timber Enterprise tender.
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Analysts report that, at present, demand in international markets is very poor especially for non-teak hardwoods. Exports of pyinkado have been severely hit and prices offered at the latest Myanma Timber Enterprise (MTE) sealed tenders were unexpectedly low...
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The following prices were recorded for teak log sales during competitive bidding on 21st and 24th June 2013 during the Myanma Timber Enterprise tender.
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Auctions were held at Ahwa, Borkhet, and Waghai depots of the Dangs Forest Division. Auctions were also held at various depots of the Rajpipla and Vyara Forest Division. Approximately 7,000 cubic metres of teak and about 4,000 cubic metres of non-teak hardwoods were sold.
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The following prices were recorded for teak log sales during competitive bidding on 21st and 24th June 2013 during the Myanma Timber Enterprise tender. The next tender sale is in late July.
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Total plywood supply in April was 583,000 cbms, 18.0% more than April last year and 6.1% more than March, which is the largest in two years since May 2011.
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Analysts report that demand for teak logs is currently slow with India, the main buyer, apparently unable to absorb any further shipments at present. The market for pyinkado and gurjan is even quieter than that for teak.
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