{"id":76867,"date":"2018-12-12T14:43:42","date_gmt":"2018-12-12T14:43:42","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/centralwest-africa-dropping-pressure-on-fob-tropical-logs-prices\/"},"modified":"2025-09-19T08:49:36","modified_gmt":"2025-09-19T08:49:36","slug":"centralwest-africa-dropping-pressure-on-fob-tropical-logs-prices","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/centralwest-africa-dropping-pressure-on-fob-tropical-logs-prices\/","title":{"rendered":"Central\/West Africa: Dropping pressure on FOB tropical logs prices"},"content":{"rendered":"

Central\/ West African producers report a slight easing of sawnwood and log FOB prices (Euro basis) being offered by buyers in the Middle East and China. Sharp discounted prices are being demanded for belli and while Chinese buyers are honouring existing contract prices there are clear downward pressures on FOB prices. Middle Eastern prices are under pressure say producers due to high volume shipments from Cameroon and Gabon.<\/em><\/p>\n

Demand for okoume peeler logs remains low as okoume cannot compete with lower cost alternatives in the interior plywood segment of the market. Also, prices being offered by buyers for the Chinese market for sawn okoume are falling and kiln dry okoume sawnwood is being sold at around US$320 per cubic metre FOB.<\/p>\n

In contrast demand for okoume sawnwood in the Philippines remains stable say producers. Analysts point to US tariffs on imports as a major factor behind the weakening prices.<\/p>\n

Buyers turn to chartering because of container shortages<\/strong><\/p>\n

A shortage of containers is causing importers to turn to chartering conventional capacity, mainly cement ships with no return cargo. This is a big relief for exporters who have been suffering shipping problems for the past year.<\/p>\n

Port Pointe Noire the only sea port in the Republic of the Congo is beginning to experience congestion and reports say shippers can expect delays of up to a week. Shipments from Owendo Port are recovering but reports suggest further dredging will be required before large vessel can dock.<\/p>\n

Kavazingo stock survey<\/strong><\/p>\n

Analysts report that there are large stocks of Kavazingo logs and sawnwood throughout Gabon. The government is undertaking stocktaking to be able to set a limit on exports if a decision is taken to temporarily lift the export ban.<\/p>\n

A multi-stakeholder group will meet and discuss how the stocks can or should be treated and exported. A report will have to be presented to Gabon\u2019s Prime Minister by the Minister of the Forest.<\/p>\n

Anticipating approval for exports GIZ and the NGO, Traffic, will be training parties how to elaborate a Non Detriment Finding CITES report.<\/p>\n

Certification debate progresses in Gabon<\/strong><\/p>\n

Discussions continue in Gabon on the plan which would require all concession holders to be FSC certified.<\/p>\n

A recent forum in Gabon chaired by the Minister of Water and Forests who is responsible for Environment and Sustainable Development, Jacques Denis Tsanga, discussed proposals for the implementation of an action plan to prepare the way towards certification in the forestwood sector in Gabon.<\/p>\n

ATIBT has reported that six recommendations were made including, to quote ATIBT, \u201cForestry companies (in Gabon) have to decide what certification they prefer to adopt\u201d.<\/p>\n

Industry sources say currently there are only three companies with FSC certification Rougier, Precious Wood and CBG (Compagnie des bois du Gabon) whose combined concession area extends to around 3 million hectares. In addition another 5 companies are said to be under audit for certification.<\/p>\n

There are over 160 sawmills registered in Gabon of which 135 are reportedly operating. Most of the mills are operated by Asian companies followed by European and local enterprises.<\/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
265<\/div>\n<\/td>\n
\n
265<\/div>\n<\/td>\n
175<\/td>\n<\/tr>\n
Ayous\/Ob\u00e9ch\u00e9\/Wawa<\/td>\n\n
250<\/div>\n<\/td>\n
\n
250<\/div>\n<\/td>\n
\n
225<\/div>\n<\/td>\n<\/tr>\n
Azobe & Ekki<\/td>\n\n
275<\/div>\n<\/td>\n
\n
275<\/div>\n<\/td>\n
\n
175<\/div>\n<\/td>\n<\/tr>\n
Belli<\/td>\n\n
350<\/div>\n<\/td>\n
\n
350<\/div>\n<\/td>\n
\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Bibolo\/Dib\u00e9tou<\/td>\n\n
215<\/div>\n<\/td>\n
\n
215<\/div>\n<\/td>\n
<\/td>\n<\/tr>\n
Bilinga<\/td>\n\n
275<\/div>\n<\/td>\n
\n
275<\/div>\n<\/td>\n
-<\/td>\n<\/tr>\n
Iroko<\/td>\n330<\/td>\n\n
310<\/div>\n<\/td>\n
\n
270<\/div>\n<\/td>\n<\/tr>\n
Okoume (60% CI, 40% CE, 20% CS) (China only)<\/td>\n220<\/td>\n220<\/td>\n200<\/td>\n<\/tr>\n
Moabi<\/td>\n365<\/td>\n365<\/td>\n-<\/td>\n<\/tr>\n
Movingui<\/td>\n210<\/td>\n\n
210<\/div>\n<\/td>\n
\n
-<\/div>\n<\/td>\n<\/tr>\n
Niove<\/td>\n\n
160<\/div>\n<\/td>\n
\n
160<\/div>\n<\/td>\n
\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Okan<\/td>\n\n
220<\/div>\n<\/td>\n
220<\/td>\n\n
\u2013<\/div>\n<\/td>\n<\/tr>\n
Padouk<\/td>\n\n
350<\/div>\n<\/td>\n
300<\/td>\n\n
245<\/div>\n<\/td>\n<\/tr>\n
Sapele<\/td>\n320<\/td>\n320<\/td>\n265<\/td>\n<\/tr>\n
Sipo\/Utile<\/td>\n\n
325<\/div>\n<\/td>\n
300<\/td>\n\n
265<\/div>\n<\/td>\n<\/tr>\n
Tali<\/td>\n370<\/td>\n370<\/td>\n\n
\u2013<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

Central\/ West African producers report a slight easing of sawnwood and log FOB prices (Euro basis) being offered by buyers in the Middle East and China. Sharp discounted prices are being demanded for belli and while Chinese buyers are honouring … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":61604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4715,4714],"tags":[3641,3637,4024,3284,3286],"class_list":["post-76867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","category-wood-industry-prices","tag-africa","tag-export","tag-fob","tag-logs","tag-prices","topic-forestry","topic-industry-prices","topic-sawmilling","area-africa"],"acf":[],"yoast_head":"\nCentral\/West Africa: Dropping pressure on FOB tropical logs prices<\/title>\n<meta name=\"description\" content=\"Central\/ West African producers report a slight easing of sawnwood and log FOB prices (Euro basis) being offered by buyers in the Middle East 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