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    Central/West Africa: Markets quieten amid lower demand

 

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Архів Новин

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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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Однотематичные Новости
  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

Специальные Сообщения

  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
  Weaker log market in Northern- and Eastern Germany
  05/06/2008 - 19:42
  Germany: Emma storm damage estimate
  04/03/2008 - 11:49
  6.2 million m3 of storm timber in Austria
  04/02/2008 - 10:07
  Laminate flooring - Eastern Europe compensates for USA's losses
  18/01/2008 - 17:50
  France: Oak prices at ONF standing timber auctions
  29/11/2007 - 16:15
  Romania: Large beech sawmill plus further processing closes down
  28/11/2007 - 11:50

СПЕЦІАЛЬНІ ПОВІДОМЛЕННЯ

  Ghana’s market performance improves in second quarter
  10/10/2008 - 13:59
  Outlook for West African timber trade weak
  10/10/2008 - 09:33
  The impact of the global liquidity crisis on the construction markets of Russia, Ukraine and Kazakhstan
  10/10/2008 - 08:29
  Czech Republic: Civil engineering cushioned decrease of construction work in August 2008
  09/10/2008 - 13:09
  Canada: Housing starts remained strong in September
  09/10/2008 - 12:06
  A Global Woodworking marketplace under one roof
  08/10/2008 - 16:17
  ВДОХНОВЛЕННЫЕ ДЕРЕВООБРАБОТКОЙ
  08/10/2008 - 13:37
  Canada: The total value of building permits decreased in August
  08/10/2008 - 12:41
  Spain: Housing Price Index for the first and second quarters of 2008
  08/10/2008 - 11:24
  Brazil: National Index of Construction increased by 1.30% in September
  08/10/2008 - 10:05
 
 
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