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January 31, 2018

Central/West Africa: Weaker demand in EU markets keeps logs prices low

Central/West Africa: Weaker demand in EU markets keeps logs prices low
Central and West African producers are expressing confidence that the current price stability and steady order volumes for African species will continue for at least the first quarter of 2018. No price changes were recorded, even if the trade was quiet.    Exporters believe that the European demand for West African timber will continue at the same pace as in 2017 as there appears no incentives for change in consumers’ preference for pale colored timber.    The market for tropical timbers continues to suffers from constant negative publicity and the increasingly stringent application of ...

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