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The EU states' desire to phase out gas and oil heating increased sales of biomass boilers by an average of 36% per year between 2019 and 2022
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The April FOB prices for okoume remain at the same level as in March, however, producers have signalled rising enquiries from importers for the Chinese market and some exporters have secured a € 5/m3 increase in FOB prices for sawn okoume. Bad weather in Gabon and Congo
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Rottneros announces price hike of $75 per ton for all new softwood, bleached chemi-thermo mechanical pulp (SW BCTMP) orders for South East Asian destinations effective from February 10, 2021...
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While West and Central African exporters report good order book positions, demand levels are flat providing no opportunity for price increases. Analysts say there is little chance of a significant change in the second quarter as European demand has not picked up to any notable extent in spite of a generally mild winter which allowed construction companies to continue working...
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Producers are expecting a somewhat quieter period for new sales in the first quarter so are concentrating on shipping current contracts. There were no major price movements in the period from mid December to the present and market conditions are said to be slow but stable. Producers in Cameroon are slowly getting production back to normal after the very heavy rains. There is news of increased log exports due, say analysts, to a relaxation in the quota system...
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Log and lumber prices remain stable, with a very few small adjustments in the period up to the end of June. The European vacation ‘season’ has arrived and this has resulted in the usual downturn in demand. Looking ahead, exporters are not optimistic for any recovery in demand in the third quarter of this year.
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