{"id":75358,"date":"2018-03-14T12:21:50","date_gmt":"2018-03-14T12:21:50","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/producers-in-central-and-west-africa-wait-for-chinese-buyers-reaction-to-higher-fob-prices\/"},"modified":"2025-09-19T08:47:42","modified_gmt":"2025-09-19T08:47:42","slug":"producers-in-central-and-west-africa-wait-for-chinese-buyers-reaction-to-higher-fob-prices","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/producers-in-central-and-west-africa-wait-for-chinese-buyers-reaction-to-higher-fob-prices\/","title":{"rendered":"Producers in Central and West Africa wait for Chinese buyers’ reaction to higher FOB prices"},"content":{"rendered":"

Analysts say there is little to report in terms of market reaction to the higher log FOB asking prices which were increased sharply after the Cameroon increased Customs fees for export logs.<\/em><\/p>\n

Central\/West African producers say it is unlikely there will be any consideration of the proposed new FOB prices until buyers for the Chinese market begin business in March.<\/p>\n

Informal indications are that the new prices are unlikely to be accepted but, as current business activity is very slow, there are no real guidelines on how markets will respond.<\/p>\n

However, producers are confident that they will achieve a price increase because of the rising trend in both softwood and hardwood log prices in all major markets.<\/p>\n

In spite of the proposed higher log FOB prices, sawnwood prices are unchanged and production and demand appear to be in balance in major markets. European markets are still dull and appear unlikely to change for the better until the spring and summer.<\/p>\n

Sudden interest in belli and tali<\/strong><\/p>\n

The few buyers that are active at present are in the market for the heavier hardwoods such as belli and tali for which FOB prices are now on the rise.<\/p>\n

The available volumes of these species are very limited and producers question for how long this sudden interest in belli and tali will continue.<\/p>\n

Hints that kevazingo trade may be banned<\/strong><\/p>\n

It is rumoured that strict regulation of kevazingo production could be announced very soon and some are suggesting this may even extend to a total ban on logging this valuable timber.<\/p>\n

Heavy rains are hampering transport operations in Gabon. Companies in the country continue to risk government action being taken against those that fail to follow approved management plans. For guilty companies heavy fines have been imposed.<\/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
260<\/div>\n<\/td>\n
\n
255<\/div>\n<\/td>\n
170<\/td>\n<\/tr>\n
Ayous\/Ob\u00e9ch\u00e9\/Wawa<\/td>\n\n
270<\/div>\n<\/td>\n
\n
260<\/div>\n<\/td>\n
\n
180<\/div>\n<\/td>\n<\/tr>\n
Azobe & Ekki<\/td>\n\n
270<\/div>\n<\/td>\n
\n
270<\/div>\n<\/td>\n
\n
180<\/div>\n<\/td>\n<\/tr>\n
Belli<\/td>\n\n
295<\/div>\n<\/td>\n
\n
295<\/div>\n<\/td>\n
\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Bibolo\/Dib\u00e9tou<\/td>\n\n
195<\/div>\n<\/td>\n
\n
175<\/div>\n<\/td>\n
<\/td>\n<\/tr>\n
Bilinga<\/td>\n\n
265<\/div>\n<\/td>\n
\n
265<\/div>\n<\/td>\n
-<\/td>\n<\/tr>\n
Iroko<\/td>\n370<\/td>\n\n
350<\/div>\n<\/td>\n
\n
270<\/div>\n<\/td>\n<\/tr>\n
Okoume (60% CI, 40% CE, 20% CS) (China only)<\/td>\n250<\/td>\n250<\/td>\n190<\/td>\n<\/tr>\n
Moabi<\/td>\n355<\/td>\n345<\/td>\n275<\/td>\n<\/tr>\n
Movingui<\/td>\n230<\/td>\n\n
230<\/div>\n<\/td>\n
\n
170<\/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
240<\/div>\n<\/td>\n
240<\/td>\n\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Padouk<\/td>\n\n
335<\/div>\n<\/td>\n
275<\/td>\n\n
210<\/div>\n<\/td>\n<\/tr>\n
Sapele<\/td>\n310<\/td>\n300<\/td>\n245<\/td>\n<\/tr>\n
Sipo\/Utile<\/td>\n\n
335<\/div>\n<\/td>\n
315<\/td>\n\n
245<\/div>\n<\/td>\n<\/tr>\n
Tali<\/td>\n380<\/td>\n370<\/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":"

Analysts say there is little to report in terms of market reaction to the higher log FOB asking prices which were increased sharply after the Cameroon increased Customs fees for export logs. Central\/West African producers say it is unlikely there … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4715,4714],"tags":[3641,3254,3722],"class_list":["post-75358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","category-wood-industry-prices","tag-africa","tag-china","tag-log-prices","topic-forestry","topic-industry-prices","topic-sawmilling","area-africa","area-china"],"acf":[],"yoast_head":"\nProducers in Central and West Africa wait for Chinese buyers' reaction to higher FOB prices<\/title>\n<meta name=\"description\" content=\"The higher log FOB asking prices were increased sharply after the Cameroon increased Customs fees for export logs.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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