Demand in Gandhidham for green sawn timber is steady with prices remaining at INR 571 and INR 601 per ft3 from timber from South America and Australian pine logs respectively. The market anticipates three log vessels loaded from New Zealand in June to arrive in July along with two vessels from Australia and two shipments from Uruguay. New Zealand log supply is replacing some Uruguayan supply that has reduced due to flooding caused by record rain levels. Uruguay volume has maintained higher sale prices (144 per JASm3 USD for A long) while some New Zealand exporters lost their ...
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