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Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs...
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In June India is confronted with softwood prices that are now even higher than in December 2020 – where they have been 25-30% above the norm. Now allmost 350 €/m3 for pine have gotten standard and prices from New Zealand are as high as from Europe. Plywood prices are
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What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm for four weeks while most other species’ prices fell, the price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr fell a not unexpected -$260, or -27%, to end last week at a still-high U.S. $700 mfbm (net FOB sawmill)...
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Demand for teak has fallen reflecting end-users concern for the economy and due to the annual monsoon during which time sales regularly slip. Because of this importers cut back on plantation teak purchases. Over the past month a new plantation teak supplier has emerged, Angola which recently shipped a small consignment (357 cu.m) of plantation teak logs worth US4,461
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Analysts report several price changes reflecting variation in the size of the logs shipped. Mexico has joined the ranks of plantation teak shippers to India. Recent weakness in the rupee exchange rate has raised the landed cost and manufacturers are attempting to pass on price increases
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Auctions at forest depots in the South Dangs Division have been concluded. Around 17,000 cubic metres of teak and other hardwoods were offered for sale. Participants in the auction commented that the quality of the logs was good and most of the logs sold briskly. Only a few lots remained unsold as the buyers felt that the reserve prices for these lots were too high
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The second round of auctions for the current season has been concluded at Forest Depart Depots in Surat and Vyara. Around 12,000 cubic metres of good quality domestically grown teak and some non-teak hardwoods was on offer. Despite prices for imported plantation teak easing auction prices were firm. Locally grown teak is always preferred by millers as the quality is higher, the sap is smaller, the form is good and the girths are larger all of which contribute to better recover rates in the mill
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Log auctions were held at the Jabalpur, Timarni, khirakia, Narmada Nagar and Raipur depots of Central India and sales were reported brisk as the quality of logs was good
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The series of auctions in Central India continued and prices were firmer as buyers were active having refused to participate in the sales in Gujarat...
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The January price index for wood and wood products rose slightly part of the rise may be explained by the increase in Sarawak log prices. Similarly the price index for plywood rose reflecting the price increases achieved by plywood manufacturers
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India's total imports of wood and wood products under HS chapter 44 for the month of February 2014 were US$207.51 million and exports under the same chapter were US$23,04 million. Domestic demand continues to be firm. Current C & F prices for imported plantation teak, Indian ports per cubic metre are...
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During the last auctions of 2013 at various log depots in the Dangs division approximately 12,000 cubic metres of logs were sold. The majority of these were freshly felled good quality logs. Average prices recorded at the most recent auction are as follows...
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Auctions at the Tapti depots of Raj Pipla, Vyara etc. held from 20th to 25th October 2013 were successful and prices were firm. Approximately 6000 cu.m of logs were offered for sale at the recent auction
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September log auctions were concluded by the 30 of September. Around 20,000 cubic metres of mainly teak and some hardwood logs were sold. This being the first auction in the post monsoon period the logs were fresh and of good quality such that the prices realised were high
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Approximately 50,000 cubic metres of teak logs are sold annually through auctions in the State of Kerala. The state has a wide network of timber depots where auctions are regularly held...
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The effects of higher landed costs of imported logs and wood products are now being felt in the domestic trade and on sale prices for domestic timber. Recent auctions prices paid by millers have increased and average prices per cubic foot ex-depot were as follows...
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In recent auctions at government forest depots in Khiria, Timarni and Ashapur in Central India approximately 5,000 cubic metres of mainly teak and some of Haldu and Laurel were sold. Due to the rising costs of imported logs and because the domestic logs at these auctions were of good quality prices were higher than in previous auctions. Average prices per cubic foot ex-depots are shown below.
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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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Supplies and shipments of imported plantation teak have been maintained and the volume of imports increased by 5% over the past month. Some minor price changes have been reported.
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