Economic activity started slowing in India in the middle of October as preparations commenced for Diwali (Festival of Lights) on the 24th of October. Many sawmill workers in Gandhidham are travelling to their home villages in Eastern India and will return to work about mid-November.<\/p>\n
Sawn timber prices are down in Gandhidham. Green sawntimber from South American and Australian logs sells for about 511 and 581 INR per CFT respectively. European kiln dried sawn timber sells for about 601 INR per CFT. This is about a 7% price drop over the last month.<\/p>\n
Log vessel arrivals at nearby Kandla Port are reducing drastically. The market expects only one or two arrivals from South America in November and maybe two vessels from Australia. The port will also receive 40k m3<\/sup>\u00a0of SYP logs as underdeck cargo from the USA in November.<\/p>\n There may be more arrivals in December if the demand increases.<\/p>\n Indian Plant Quarantine has allowed imports without Fumigation, from Methyl-bromide phased-out countries, without payment of four times relaxation fee of 800 INR per metric tonne.<\/p>\n Importers need to pay the normal one-time inspection fee of 200 INR per tonne, arrange an on- arrival methyl-bromide fumigation and then clear the logs arriving from methyl-bromide phased out countries, as per the list updated by Indian Plant Quarantine, from time to time.<\/p>\n If MPI New Zealand gets exemption from Indian Plant Quarantine for under deck logs, then Indian Plant Quarantine may allow import of NZ pine logs as underdeck cargo, without fumigation, by passing necessary orders, from 1 January 2023 onwards.<\/p>\n If Indian Plant Quarantine allows, then New Zealand log suppliers can resume shipments from 1 January 2023. This will be beneficial to both exporters of New Zealand logs and Indian log buyers.<\/p>\n Source: PfOlsen<\/p>","protected":false},"excerpt":{"rendered":" Economic activity started slowing in India in the middle of October as preparations commenced for Diwali (Festival of Lights) on the 24th of October. Many sawmill workers in Gandhidham are travelling to their home villages in Eastern India and will … Continue reading