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Africa

Wood products exported from Ghana drop sharply in Q1/2016

The total volume of Ghana's Timber Industry Development Division (TIDD) approved export contacts in the first quarter 2016 was [...]

Central/West Africa: Convergence of factors drives sapele and sipo sawnwood prices lower

An unexpected ‘wobble’ in the market has resulted in prices for sapele and sipo sawnwood dipping sharply. The volatility in [...]

UK sanctions traders of Cameroonian timber under EUTR

The UK Authorities charged with enforcing the EU timber regulations (EUTR), have taken action against 14 UK importers sourcing timber [...]
June 30, 2016 Daily News / Forestry / Africa / Europe / Global

Central/West Africa: Sawn okoume coming back into fashion

Central/West African producers report that trading conditions in the second quarter were quiet but satisfactory. Looking ahead to the [...]

Angola: 57 million m3 exploitable timber potential

Angola has an exploitable timber potential estimated at 57 million m3, out of which 340,000 m3 are in natural [...]

FLEGT licensing in Ghana and Indonesia close to operational

In May, the European Commission (EC) published a comprehensive independent evaluation of theEU FLEGT Action Plan. The Plan encompasses the [...]

Central/West Africa: Demand trend shifts to quality rather than pursuit of lowest price

Log prices were unchanged throughout May in Central/West Africa and show no signs of movement even though there are [...]

Rui Correia the new CEO for Sonae-Arauco

Further to the completion of the strategic partnership between Sonae Indústria and Arauco for the European and South African [...]

Value of softwood lumber exported by Sweden and Finland to Egypt dropped 50% since 2014

The countries in the Middle East and Northern Africa, the MENA region, have become a major destination for European softwood [...]

The global forest industry in the first quarter of 2016

Relatively small adjustments in both exchange rates and in log prices in local currencies, resulted in the smallest quarter-to [...]