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Ghana's export of wood products for the first three months of 2015 totalled 81,518 cu.m, some 48% more than for same period in 2014 and resulted in earnings of euro 43 million, almost double that in the first quarter 2014.
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While West and Central African exporters report good order book positions, demand levels are flat providing no opportunity for price increases. Analysts say there is little chance of a significant change in the second quarter as European demand has not picked up to any notable extent in spite of a generally mild winter which allowed construction companies to continue working...
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Producers are expecting a somewhat quieter period for new sales in the first quarter so are concentrating on shipping current contracts. There were no major price movements in the period from mid December to the present and market conditions are said to be slow but stable. Producers in Cameroon are slowly getting production back to normal after the very heavy rains. There is news of increased log exports due, say analysts, to a relaxation in the quota system...
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A workshop organised by the Working Group on Forest Certification, established to support the Voluntary Partnership Agreement (VPA) process, has been held in Accra...
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On the 15th July the inaugural meeting of the five-nation ECOWAS Steering Committee on the upgrading of the 1,030 km Abidjan-Lagos corridor road project met to begin work on the legal and institutional framework, the terms of reference for various studies and on finance and resource mobilisation.
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According to available data from the Timber Industry Development Division (TIDD) of the Forestry Commission, wood product exports from Ghana in the first six months of 2013 was...
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Log and lumber prices remain stable, with a very few small adjustments in the period up to the end of June. The European vacation ‘season’ has arrived and this has resulted in the usual downturn in demand. Looking ahead, exporters are not optimistic for any recovery in demand in the third quarter of this year.
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Revenue from Ghana’s non-traditional exports (NTEs) which does not include timber, cocoa beans and minerals fell around 4% in 2012 to US$2.3 billion.
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Ghana’s Minister of Lands and Natural Resources Alhaji Fuseini has said the country’s cooperation with the EU and others will continue until illegal logging and trade in illegally sourced and manufactured wood products is eliminated.
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Of the total Euro 29.48 million in export earnings from wood products in the first quarter Europe emerged as the major destination accounting for 41% of the trade. Imports by countries in Asia accounted for 25%, and this was closely followed by imports by African countries at 23%.
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The Forest Services Division of the Forestry Commission has begun a pilot project on artisan milling as part of measures aimed at curbing illegal chainsaw milling...
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The Forestry Commission (FC) of Ghana and Tropenbos International Ghana are jointly working together to draft a policy that will ensure a supply of legal timber to the domestic market...
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According to data from the Timber Inspection Development Division (TIDD) of the Forestry Commission (FC), the total volume of wood products export for the period January to December 2012 was 251,346 cubic metres...
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A team from the Ghana Forestry Commission (GFC) visited key importers in EU member states to exchange views and inform buyers, officials from EU competent authorities, customs and timber trade federations on the interim arrangements Ghana is putting in place before it is in a position to provide FLEGT Licensed wood products...
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