the timber network

.300 per cubic foot for average quality logs. During the monsoon season in India the industry becomes more dependant on imported logs.

IndiaFluctuations in the Rupee/US Dollar exchange rate have affected timber imports and the current 10% rise in import costs due to the weakening of the Rupee is difficult for the industry to absorb

IndiaAs the flow of exports from India improves, the government of India has set an export target of US$500 billion for 2013-14, almost doubling the US

IndiaA chronic problem of raw material shortages for wood based panel industries has resulted in many plants having to run well below capacity. A two pronged strategy is being proposed to bridge the gap between demand and supply of industrial raw material

IndiaRecent auction sales of Teak and other hardwoods at depots in Central India were well attended. As these were the last auctions before the depots close until the monsoon season ends sale prices were up

IndiaIndia’s increasing trade deficit, along with the withdrawal of investments by investors from Europe and N. America, has added to the toll on the value of Indian rupee against all major currencies

IndiaThe growth of India’s industrial output eased slightly from 58.4 points in November to 56.7 points in December 2010 due to slowing demand from developed countries

India Domestic purchasesIn the period April – October 2010, a total of 1,780,427 cu.m of logs (excluding teak) were imported through Kandla port. The following table presents hardwood log imports through Kandla port for the period

IndiaDuring fiscal 2010/11 India made good progress in international trade. During May 2011 imports grew by 54% to US$ 40.9 billion and exports by 57% to US$25.9 billion. Both imports and exports have recorded double digit growth continuously for 13 months

IndiaWith the monsoon rains having receded in most parts of India log auctions have restarted in Central and Western depots. Approximately 3,500 cu.m of teak logs were sold in South Gujarat depots recently

Data released by the Ministry of Commerce shows that, despite the economic woes in traditional western markets, India’s exports maintained their growth in August rising by 44.2% year on year to US$ 24.3 billion

IndiaSerious fluctuations in the Rupee and US Dollar exchange rate have affected imports of timber and in recent weeks the 10% rise in import costs of logs due to the depreciation of the Rupee cannot easily be absorbed by industry say local observers

IndiaIn August 2010, India’s Industrial Output Index jumped 26.5% over the level recorded in August 2009. For the first five months of fiscal 2010, the increase in industrial output was 10.6

IndiaGandhidham is a city and a municipality in the Kutch District of Gujarat State and home to India's largest port Kandla which is around 11 km from the city

India teak auctionsIn the second quarter of 2010, India’s GDP continued to grow, posting the highest growth rate in 30 months. Between April – June 2010 GDP surged 8.8

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