High Price Level Retains for Log Supply | WWF

High Price Level Retains for Log Supply



Posted on 24 January 2011
From Borneo Post Online: Kuching: The ITTO Tropical Timber Market (TTM) Report stated that the monsoon season continued to hamper log supply in Sarawak, driving prices upwards. According to the report, prices were expected to remain high until Chinese New Year in early February, following which log production was expected to resume to normal. The other factor pushing prices higher was the continuing strong demand from China and India. Read more...