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October 12, 2017
Central/West Africa: short term drop adjustment in log FOB prices
Even if a downward trend has been registered in some log FOB prices in Central and West Africa, this hasn't brought changes for sawnwood prices yet. The drop in log FOB prices has been reported for acajou, movingui, andoung and bomanga. Both sapelli and sipo log prices are a little weaker, as demand continues to be moderate. Yet, the current supply is steady. Moreover, in mid-September there was a fall in FOB price for doussie sawnwood caused by sudden drop in demand, but the price has now stabilized. Most prices ...
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