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    Central/West Africa: Markets quieten amid lower demand
 

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Central/West Africa: Markets quieten amid lower demand
16/05/2008 - 16:44

Log prices for an increasing number of species have fallen throughout the first two weeks of May. The volume of trading has declined and there was a general markdown in prices, with only a few favored species holding at unchanged levels. Chinese buying patterns continued to be more selective for certain grades and volumes were lower than the recent monthly uptake. European buying also remained at very low levels and with stocks high on the continent, it is unlikely that demand will show any significant increase before the traditional vacation period begins around the end of June.
Sawn lumber markets also reported lower demand, although prices for most species have so far held firm. Okume lumber prices fell once again after much slower business. Sapele also declined on low demand. The current difficult market conditions are likely to continue through the rest of the second quarter and into the third.


West Africa logs, FOB € per m3
Asian market
LM
B
BC/C
Acajou/ Khaya/N'Gollon
206↓ 
175↓ 
137↓ 
Ayous/Obéché/Wawa
191↓ 
191↓ 
152↓ 
Azobe & Ekki
168
168
122
Belli
183↓ 
183↓ 
-
Bibolo/Dibétou
152↓ 
152↓ 
114
Bubinga
533
457
381
Iroko
259↓ 
244↓ 
228↓ 
Okoume (60% CI, 40% CE, 20% CS)
155↓ 
-
-
Moabi
320
305
282
Movingui
191↓ 
190
137↓ 
Niove
129
129
-
Okan
198↓ 
198↓ 
152↓ 
Padouk
267↓ 
267↓ 
228↓ 
Sapele
267↓ 
267↓ 
228↓ 
Sipo/Utile
335
305
267
Tali
168↓ 
168↓ 
152


West Africa sawnwood, FOB
€ per m3
Ayous FAS GMS
396
Fixed sizes
-
Okoumé FAS GMS
300↓ 
Sel. & Bet. GMS Italy
250↓ 
Sel. & Bet. fixed sizes
300
Sipo FAS GMS
630
FAS fixed sizes
-
FAS scantlings
580
Padouk FAS GMS
600
FAS scantlings
630
Strips
425
Sapele FAS Spanish sizes
520↓ 
FAS scantlings
540↓ 
Iroko FAS GMS
458
Scantlings
519
Strips
304
Khaya FAS GMS
396
FAS fixed
427
Maobi FAS GMS
600
Scantlings
610
Movingui FAS GMS
420
(ITTO's Tropical Timber Market Report)
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Wiadomości
  Steep decline in trade lead to price retreat in West Africa
  17/07/2008 - 12:09
  Central/West Africa: Difficult market conditions linger for West African producers
  01/07/2008 - 16:43
  Central/West Africa: Slowing demand creates buyers’ market
  23/06/2008 - 13:35
  Central/West Africa: Prices slide as European demand lags
  01/05/2008 - 10:36
  Central/West Africa: Greater price volatility amid sagging US and UK economies
  22/04/2008 - 17:09

Raporty specjalne
  Edged beech lumber – prices crumble further
  11/11/2008 - 11:30
  France: Price index for hardwood timber – Oct. 2008
  29/10/2008 - 18:49
  Softwood log prices – Lower Bavaria more expensive than East-Wurttemberg
  29/10/2008 - 18:41
  Klausner switches off its Wismar sawmill
  16/10/2008 - 12:26
  Softwood lumber prices: Italian market is not out of the woods yet
  14/10/2008 - 18:45
  Germany: Slim chances of decrease in softwood log prices
  14/10/2008 - 10:07
  Germany: Oak lumber market cools down
  19/09/2008 - 12:56
  Germany: Beech lumber prices for the cutting season 2008/2009
  17/09/2008 - 14:27
  KVH for 240 €/m3; producers are optimistic
  30/06/2008 - 17:06
  Softwood logs – price reductions in Baden-Wuerttemberg
  30/06/2008 - 11:05

Wiadomości z ostatniej chwili
  WRI: Log costs fell in Russia in the 3Q/08 as the forest industry cut back production
  19/11/2008 - 09:05
  Metso initiates reductions of workforce in its Fiber business line in Karlstad, Sweden
  19/11/2008 - 08:03
  Finland: Building costs rose by 3.3 per cent in twelve months
  18/11/2008 - 18:26
  Timber frame triumphs at Interbuild
  18/11/2008 - 13:21
  Building Systems Councils of NAHB honors industry leaders
  18/11/2008 - 09:51
  Housing affordability nationwide rises to highest level in four years
  18/11/2008 - 09:21
  U.S. softwood and panel markets - Week 46
  17/11/2008 - 14:16
  Canada: The composite price index for non-residential building construction increased 2.4% in the 3 Q. 2008
  17/11/2008 - 12:39
  Slovakia: Construction production in September 2008
  17/11/2008 - 12:23
  Sweden: Started construction of dwellings continues to decrease
  17/11/2008 - 12:00
 
 
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