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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Asia & Middle East / Global
October 23, 2018

Malaysia: Rising prices for Sarawak logs due to increased demand

Malaysia: Rising prices for Sarawak logs due to increased demand
Logs prices in Sarawak significantly increased due to higher demand from neighbouring Sabah, which banned timber exports since May this year.    Sarawak log prices have surged due to higher demand, thanks to neighbouring Sabah, which banned timber exports since May this year.    Recently, Japan relied on Sabah logs. Actually, over 10,000 cubic metres (cu m) of Sabah logs were imported in January, February and May, and the total of Sabah logs were 30% more than 2017. There have been no logs from Sabah since June, The Star reported.    ...

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