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June 5, 2020
Tropical market developments in West Africa seem a distant dream
It is becoming increasingly difficult to get trade news from West Africa. Communication channels have not been affected by pandemic control measures and many logging and milling operations are continuing, the main issue seems to be that correspondents are so distracted trying to survive financially and pay wages that their time horizon has become very short, market developments seem a distant dream at present. EU buyer interest wanes as their stocks rise As could be expected there have been few price movements with importers and shippers sticking to previously negotiated prices.  ...
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