Guyana: Intra-regional trade to the Caribbean boosts export results
08/07/2008 - 08:30
Guyana’s exports of mouldings for the fortnight have improved over the previous month’s total, mainly due to the large export volumes of purpleheart mouldings to Barbados. Export volumes of value-added products (e.g. doors) to the Latin America/Caribbean region have seen robust increases of 61.9% when compared to the same period of 2007. Further comparison between the same the main destination for value-added products, while Grenada and Trinidad & Tobago increased their consumption by over 30%. The average price for greenheart logs continues to climb, reaching a 9.5% increase over the recent highs of USD126 per m³ to USD138 per m³ on average, with a maximum of USD180 per m³. The average price for mora and purpleheart logs increased by 16% and 7.6% respectively over previous months. Export volumes of logs have yet to improve.
Malaysia Log Prices Guyana Log
Prices
Logs, FOB Georgetown
SQ - $ Avg
unit per m3
Std
Fair
Small
Greenheart
140-180 ⇑
130
120 ⇓
Purpleheart
180
170 ⇑
160 ⇑
Mora
130
120
110
*Small SQ is used for
piling in the USA and EU. Price depends on length.
