{"id":75131,"date":"2018-02-08T14:22:06","date_gmt":"2018-02-08T14:22:06","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/weaker-logs-demand-in-the-eu-keeps-low-prices-in-central-and-west-africa\/"},"modified":"2025-09-19T08:47:24","modified_gmt":"2025-09-19T08:47:24","slug":"weaker-logs-demand-in-the-eu-keeps-low-prices-in-central-and-west-africa","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/weaker-logs-demand-in-the-eu-keeps-low-prices-in-central-and-west-africa\/","title":{"rendered":"Weaker logs demand in the EU keeps low prices in Central and West Africa"},"content":{"rendered":"

Central and West African producers are expressing confidence that the current price stability and steady order volumes for African species will continue for at least the first quarter of 2018. No price changes were recorded, even if the trade was quiet.<\/em><\/p>\n

Exporters believe that the European demand for West African timber will continue at the same pace as in 2017 as there appears no incentives for change in consumers\u2019 preference for pale colored timber.<\/p>\n

The market for tropical timbers continues to suffers from constant negative publicity and the increasingly stringent application of the EUTR in European importer countries.<\/p>\n

The current opinion of producers is to wait and see but with a strong expectation that stability will prevail while Asian and Middle East markets begin to develop more strongly.<\/p>\n

Impact of Chinese New Year holidays on trade will be minimal<\/strong><\/p>\n

The Chinese Spring Festival in mid-February will of course dampen purchases but this will have more impact on production and trade on SE. Asian producers. West and Central African exporters are unlikely to feel any significant change in the pace of business.<\/p>\n

Hopes rise for resolution of Kevazingo issue The industry in Gabon is hoping the recently appointed Minister for Forests will make early decisions on the future trade in kevazingo, a species in high demand but which has been dogged by accusations of illegal activity over the past year and for which exports are now banned. The timber industry in Gabon employs almost 30% of the working population and disruptions to production has an immediate impact on employment.<\/p>\n

Reports are emerging of over felling by some concession holders in Cameroon, Republic of Congo and Gabon and the authorities in those countries have introduced tough new measures and tightened monitoring.<\/p>\n

Expanded investment by Chinese is anticipated<\/strong><\/p>\n

The Chinese government\u2019s new initiative, Belt and Road appears to be aimed at encouraging Chinese businesses to invest higher up the supply chain in overseas countries supplying raw materials.<\/p>\n

This is not new to the tropical timber trade which in African countries has seen a large percentage of new investments in recent years made by businesses based in China.<\/p>\n

Log Export Prices<\/strong><\/p>\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
West Africa logs, FOB<\/strong><\/td>\n\u20ac per m\u00b3<\/strong><\/td>\n<\/tr>\n
Asian market<\/em><\/td>\n\n
LM<\/div>\n<\/td>\n
\n
B<\/div>\n<\/td>\n
\n
BC\/C<\/div>\n<\/td>\n<\/tr>\n
Acajou\/ Khaya\/N\u2019Gollon<\/td>\n\n
220<\/div>\n<\/td>\n
\n
220<\/div>\n<\/td>\n
160<\/td>\n<\/tr>\n
Ayous\/Ob\u00e9ch\u00e9\/Wawa<\/td>\n\n
245<\/div>\n<\/td>\n
\n
240<\/div>\n<\/td>\n
\n
190<\/div>\n<\/td>\n<\/tr>\n
Azobe & Ekki<\/td>\n\n
235<\/div>\n<\/td>\n
\n
235<\/div>\n<\/td>\n
\n
160<\/div>\n<\/td>\n<\/tr>\n
Belli<\/td>\n\n
250<\/div>\n<\/td>\n
\n
250<\/div>\n<\/td>\n
\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Bibolo\/Dib\u00e9tou<\/td>\n\n
180<\/div>\n<\/td>\n
\n
170<\/div>\n<\/td>\n
<\/td>\n<\/tr>\n
Bilinga<\/td>\n\n
230<\/div>\n<\/td>\n
\n
230<\/div>\n<\/td>\n
-<\/td>\n<\/tr>\n
Iroko<\/td>\n335<\/td>\n\n
300<\/div>\n<\/td>\n
\n
265<\/div>\n<\/td>\n<\/tr>\n
Okoume (60% CI, 40% CE, 20% CS) (China only)<\/td>\n245<\/td>\n240<\/td>\n190<\/td>\n<\/tr>\n
Moabi<\/td>\n330<\/td>\n300<\/td>\n235<\/td>\n<\/tr>\n
Movingui<\/td>\n210<\/td>\n\n
200<\/div>\n<\/td>\n
\n
160<\/div>\n<\/td>\n<\/tr>\n
Niove<\/td>\n\n
175
\n<\/strong><\/div>\n<\/td>\n
\n
160<\/div>\n<\/td>\n
\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Okan<\/td>\n\n
235<\/div>\n<\/td>\n
215<\/td>\n\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Padouk<\/td>\n\n
300<\/div>\n<\/td>\n
275<\/td>\n\n
210<\/div>\n<\/td>\n<\/tr>\n
Sapele<\/td>\n300<\/td>\n260<\/td>\n220<\/td>\n<\/tr>\n
Sipo\/Utile<\/td>\n\n
290<\/div>\n<\/td>\n
270<\/td>\n\n
200<\/div>\n<\/td>\n<\/tr>\n
Tali<\/td>\n330<\/td>\n320<\/td>\n\n
\u2013<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

Sawnwood Export Prices<\/strong><\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
West Africa sawnwood, FOB<\/strong><\/td>\n\n
\u20ac per m\u00b3<\/strong><\/div>\n<\/td>\n<\/tr>\n
Ayous<\/td>\nFAS GMS<\/td>\n425<\/td>\n<\/tr>\n
Bilinga<\/td>\nFAS GMS<\/td>\n530<\/td>\n<\/tr>\n
Okoum\u00e9<\/td>\nFAS GMS<\/td>\n\n
430<\/div>\n<\/td>\n<\/tr>\n
Merchantable<\/td>\n320<\/td>\n<\/tr>\n
Std\/Btr GMS<\/td>\n350<\/td>\n<\/tr>\n
Sipo<\/td>\nFAS GMS<\/td>\n\n
540<\/div>\n<\/td>\n<\/tr>\n
FAS fixed sizes<\/td>\n560<\/td>\n<\/tr>\n
FAS scantlings<\/td>\n560<\/td>\n<\/tr>\n
Padouk<\/td>\nFAS GMS<\/td>\n880<\/td>\n<\/tr>\n
FAS scantlings<\/td>\n1020<\/td>\n<\/tr>\n
Strips<\/td>\n645<\/td>\n<\/tr>\n
Sapele<\/td>\nFAS Spanish sizes<\/td>\n505<\/td>\n<\/tr>\n
FAS scantlings<\/td>\n510<\/td>\n<\/tr>\n
Iroko<\/td>\nFAS GMS<\/td>\n630<\/td>\n<\/tr>\n
Scantlings<\/td>\n710<\/td>\n<\/tr>\n
Strips<\/td>\n\n
410<\/div>\n<\/td>\n<\/tr>\n
Khaya<\/td>\nFAS GMS<\/td>\n\n
450<\/div>\n<\/td>\n<\/tr>\n
FAS fixed<\/td>\n\n
470<\/div>\n<\/td>\n<\/tr>\n
Maobi<\/td>\nFAS GMS<\/td>\n\n
620<\/div>\n<\/td>\n<\/tr>\n
Scantlings<\/td>\n\n
630<\/div>\n<\/td>\n<\/tr>\n
Movingui<\/td>\nFAS GMS<\/td>\n\n
430<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: ITTO<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Central and West African producers are expressing confidence that the current price stability and steady order volumes for African species will continue for at least the first quarter of 2018. No price changes were recorded, even if the trade was … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3641,3291,3284,3286],"class_list":["post-75131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-africa","tag-eu","tag-logs","tag-prices","topic-forestry","topic-industry-prices","topic-sawmilling","area-africa","area-europe"],"acf":[],"yoast_head":"\nWeaker logs demand in the EU keeps low prices in Central and West Africa<\/title>\n<meta name=\"description\" content=\"Central and West African producers are confident that the current price stability and steady order volumes for African species will continue for 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