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June 2, 2023

African timber export prices remain stable in most markets

Operators report that markets, while active, are generally quiet. Operators in Gabon and Congo are facing unsettled weather. Despite the expected arrival of the dry season heavy rain and thunderstorms persist daily. This abnormal weather pattern is causing delays in forest operations and transport. In terms of transportation, the railways in Congo, Gabon, and Cameroon are said to be operating normally with no recent reports of derailments. However, the timber industry is facing challenges due to substantial delays in log transportation and this, along with high transport road fees, is adding to the financial strain on companies. Export ...

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