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May 2021

Okoume prices on the rise

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 [Mais... ]

Sep 2017

Ghana: Current prices for exported wood products

Prices for Ghana's exported wood products are the following between 16-31 August 2017 [Mais... ]

Aug 2017

Central/West Africa: Producers still optimistic on Q3 prospects

Only a few price adjustments have been reported, mostly prices remain firm and unchanged. Exporters report continued good demand from China and other major markets and expect the current market stability to be maintained through to the third quarter of the year [Mais... ]

Jun 2017

Ghana: Prices for exported wood products

Prices for Ghana's exported wood products are the following between 16-31 May 2017 [Mais... ]

Nov 2016

Central/West Africa: Prices flat all round

Overall, producers report no significant change in the market situation as demand remains moderate. Prices of sapelli and sipo, as of mid-October, were weak but despite this there is still no interest from buyers in Europe or China [Mais... ]

Aug 2016

Central/West Africa: Exchange rates and market volatility on everyone’s mind

The slight weakness in prices for sipo and sapele was reigned in over the past two weeks and there is no news of further price movements either up or down. On all producer’s minds is what effect the turmoil after the UK referendum will have on exports [Mais... ]

Jun 2016

Unchanged log prices in Central/West Africa

Log prices were unchanged throughout May in Central/West Africa and show no signs of movement even though there are reports of some modest increases in demand. Over the past few months analysts note a developing trend towards demand for better quality wood products with both buyers and consumers, through their own choice, being prepared to pay a fair price for a good product rather than pursuing the lowest price [Mais... ]

May 2016

Central/West Africa: Steady demand but caution when it comes to raising capacity

There were no price movements for either logs or sawnwood over the past two weeks in Central/West Africa as international demand remains steady with no moves by either buyers or exporters to disrupt this long period of stability. Since growth in demand remains moderate Central/West African producers say they are not experiencing supply side problems [Mais... ]