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May 16, 2018

World bank expects rising wood logs prices in Africa and SE Asia

World bank expects rising wood logs prices in Africa and SE Asia
The World Bank reconsidered forecast for logs and sawnwood in the recently updated Commodity Markets Outlook.    The organization expects increase of logs price from Africa from average 395 USD/ m3 to 420 USD/ m3 in 2018 with a minor increase in 2020 horizon.    The same positive trend is expected in 2018 for logs and sawnwood export prices from South East Asia.        Source: Worldbank    Notes:    Logs (West Africa). Sapele, high quality (loyal and marchand), 80 centimeter or ...

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