A few minor price movements have been reported with both sapelli and sipo prices dipping once more however sawnwood prices for most species remain stable in spite of a general slackening in demand in the US and in Europe.
Demand in the UK has been affected by a slowing in infrastructure spending and investment in large housing developments which, say analysts, is probably a ‘wait and see’ response related to the decision in the UK to exit the EU.
Scottish Construction, Scotland's daily construction news service has reported that Travis Perkins,
Central/West Africa: Sapelli and sipo prices spiralling down
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