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Feb 2016

Central/West Africa: Log prices remain stable but volumes are small

Producers in West and Central Africa report that international demand is generally dull but, for the small volumes traded, prices are still holding at late 2015 levels. Having said that, small volumes of okoume veneer logs have changed hands at prices previously seen for peeler logs. Producers also report some business in belli and okan log exports but volumes are small [Ещё… ]

Central/West Africa: Slow rise in EU demand anticipated

For the first time this year minor sawnwood price movements have been reported in Central/West Africa, otherwise most markets are quiet and prices remain unchanged [Ещё… ]

Jan 2016

Central/West Africa: Okoume log prices tumble from a good start in 2015

At year end it is of interest to review the way business has developed over the past 12 months in Central/West Africa. In 2015 the big loser in terms of FOB price has been okoume where log prices have fallen around euro 140 per cu.m since the start of this year. [Ещё… ]

Central/West Africa: Little change in log and sawnwood prices expected in the first quarter

West Africa log and sawnwood prices remained unchanged through late December and into the first half of January. Producers in the region expect little, if any, change in price structures during the first quarter of the year [Ещё… ]

Dec 2015

Central/West Africa: Low prices attract buyers to less popular timbers

Except for a few low volume ‘spot’ sales, buyers for China remain out of the market and there is no indication as to when major log buyers for this market will reurn. In response to the weak demand, West and Central African exporters have maintained solidarity by holding firm on prices and at the same time are trimming back production volumes [Ещё… ]

Oct 2014

Africa: EUTR might trigger negative attitudes towards tropical timber in EU

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. [Ещё… ]

Sep 2014

Central/West Africa: Producers content with current prices in EU markets

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... [Ещё… ]

Central/West Africa: European buyers stay on the side lines

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... [Ещё… ]

Aug 2014

Central/West Africa: Favourable outlook for second half of the year

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... [Ещё… ]