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September 13, 2017

Central/West Africa: Hints of softening prices for some timbers

Central/West Africa: Hints of softening prices for some timbers
There are some signs of a slight weakening in prices for a few of the less popular species and sipo and doussie seem to have fallen out of favour with buyers. However, for the main species (log and sawnwood) FOB prices remain unchanged from the beginning of August.    Reports from European importers mention that stocks of padouk are building up and this may result in some slowdown in orders and a possible downward pressure on FOB prices.    Efforts to secure jobs at WIJMA mills    Heavy rains affected operations ...

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