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Producers in West and Central Africa report that international demand is generally dull but, for the small volumes traded, prices are still holding at late 2015 levels. Having said that, small volumes of okoume veneer logs have changed hands at prices previously seen for peeler logs. Producers also report some business in belli and okan log exports but volumes are small
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For the first time this year minor sawnwood price movements have been reported in Central/West Africa, otherwise most markets are quiet and prices remain unchanged
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West Africa log and sawnwood prices remained unchanged through late December and into the first half of January. Producers in the region expect little, if any, change in price structures during the first quarter of the year
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European buyers have not yet resumed purchasing after the summer vacation period but, with the economies in the main markets in the EU looking more positive W. African producers are convinced they will see sustained business through to year end...
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Producers in West Africa report that the rather quiet but sustained demand continues with new orders flowing at a steady but unchanged pace. European buyers have not yet returned in any strength to negotiate contracts for the fourth quarter. This is a slower resumption of the autumn and winter round of purchases...
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