. Teak Prices Average prices during the January 2013 Teak tender sales are shown below. Prices are in Euro, per hoppus ton. GradeQuantity (Tons)€ per ton4th Quality105046Saw

. Analysts say large domestic stockists have already started accumulating teak logs 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 logs disappear from the intern

The market situation remains the same as reported throughout the first quarter of 2013. Teak market is firm and there is good demand for fresh cut hardwood (i.e. non-teak) logs

The Food and Agricultural Organization of the United Nations (FAO) said last Monday that natural teak forests are declining worldwide and the quality of natural grown teak wood is deteriorating

Analysts say that, despite the easing of economic sanctions, the demand for teak in the EU, US and Japanese markets is low. Whilst the current economic downturn in the EU and US may be partly responsible for the poor demand for teak in these markets, other factors m

MyanmarAnalysts report that market demand for both teak and pyinkadoe has fallen and that there is considerable weakness in the market. Some traders supplying the Indian

India Domestic purchasesThe following table presents teak log imports from different countries through Kandla port in the period April 2010 – October 2010. Teak imports through Kandla port in

MyanmarTeak log prices fluctuated with news of possible price cuts in March 2010. Instead, the Myanmar Timber Enterprise (MTE) proposed higher teak and pyinkadoe prices in May

of the Rupee cannot easily be absorbed by industry say local observers. Analysts admit that while there are adequate stocks of teak available, shipments have slowed

MyanmarAbout 500 h.tons of SG5, SG6 and SG7 grades of teak logs 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

MyanmarThe monthly Teak sales involve a prior inspection by buyers and the submission of written tenders for logs. The logs are available for inspection at Myanmar Timber Enterprise (MTE) log-yards

Myanmar Teak Log Production UtilisationExpensive timbers such as padauk, tamalan and thinwin are no longer available in substantial quantities. Myanmar teak is of superior quality as it is sourced from natural forests

MTE list pricesTeak buying for the Thai market is completely stagnant while demand for pyinkado from China and Vietnam was steady through June 2010. India remains the biggest importer of both teak and pyinkado in June 2010

IndiaAuction sales at Government Forest Depots in Gujarat and Central India are continuing and price trends for teak have been reported as firm, this also applies to other hardwood logs

MyanmarThe market situation remains unchanged over the previous month. Apart from India, other markets are quiet. It has been reported that the teak market is good in India especially for grade 7 logs and good quality pyinkadoe logs, while demand for Gurjan logs is sluggish