. Prices differ due to quality or girth at the time of the transaction. Traders are reporting that the current market for teaklogs is very firm. The prospect of a complete log export ban is driving dealers to increase their stocks of teak
Auctions at the Tapti depots of Raj Pipla, Vyara etc. held from 20th to 25th October 2013 were successful and prices were firm. Approximately 6000 cu.m of logs were offered for sale at the recent auction.
The Myanmar Timber Enterprise (MTE) offered for sale around 7,000 tons of teaklogs and baulks of various hardwoods on 26 September. Some of the lots were in Yangon but most are outside of the city.
. Analysts say large domestic stockists have already started accumulating teaklogs as the count-down for the log export ban has started. These stockists are paying premium prices to secure logss anticipating a surge in demand as teak
April 21, 2013 08:50
About 500 h.tons of SG5, SG6 and SG7 grades of teaklogs were sold on 10th October by open tender to domestic wood product manufacturers. About 100 h.tons of SG5 were sold at an average price of Euro2084 per h.ton. Some 50 h
; mostly micro and small businesses run by women – by 2020.
Teak tender prices
The following prices were recorded for teaklog sales during competitive bidding on 27th and 30th September during the MTE tender.
. However, pyinkado is a highly durable wood and does not deteriorate so this cannot account for the steep decline in offered prices.
Teaklog sales were at normal levels and prices, the only concern of the MTE is that the Indian rupee has depreciated over recent m