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November 17, 2020

Tropical wood prices and demand stable in Africa

  There has been little change in prices in West Africa. Demand is stable, both in the West African countries themselves and in other markets – although there are some indications that demand may be rising in the Middle East.  Egyptian importers are looking for timber and have been doing so for a long time now; the Egyptian Timber Federation is inviting offers of sawn timber in the red species and soft species such as ayous and okoume.  Egypt is a large wood consumer in construction and furniture, but it imports little wood from West Africa. The ...

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