A considerable surge in log prices has been recently noticed in Central/West Africa. This is the result of producers trying to pass on a new 15% increase in export duties on logs imposed by the government of Cameroon. The move by Central/West African producers to raise asking prices by the full 15% export duty is perhaps optimistic. Only over the coming weeks will a clear picture emerge of how buyers are responding. The increased prices, say producers, applies to all markets. Previous discussions had been on an export quota system ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
