India: Sawn timber demand is picking up; import prices on the rise

Red Sea disruption has increased Europe to India container freight rates, resulting in kiln died sawn timber prices increasing by up by 30 Euro per m3. This has increased kiln dried sawn timber prices at Gandhidham by 100 INR per CFT. South American green sawn timber is sold at 541 INR per CFT and Australian radiata pine sawn timber is sold at 571 INR per CFT. Import log CIF prices are up at Kandla, both in ship loads and containers. Sawn timber demand is picking up as CIF prices are increasing. Three vessels have been declared from ...