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During the second half of November the volume of logs exported declined but there was an increase in production and trade of finished and value added products. Export prices for Greenheart logs remain unchanged while prices for Purpleheart (standard sawmill quality) recorded a very positive rise in average prices (USD 330/235). On the other hand, there were price falls recorded for Purpleheart Fair and Small sawmill qualities. There were no Mora logs exported at the end of November. In comparison with the previous two weeks the latest prices for sawnwood achieved a higher average price; this was especially noticeable for Greenheart (Prime and select). In sharp contrast Greenheart merchantable grade sawnwood prices eased.
Sawnwood, mixed fortunes
Purpleheart sawnwood (select and merchantable) achieved good average prices but Mora (select) sawnwood prices recorded a drop in average prices. However merchantable grade Mora was selling well. Producers of Dressed Greenheart are currently enjoying high prices, as are producers of Dressed Purpleheart which is selling at US$ 900/1126.
Baromalli plywood
As regards plywood, both BB/CC and Utility grade Baromalli were exported but BB/CC grade ply experienced a drop in price compared to levels two weeks ago Roundwood exports contributed to foreign exchange earnings and achieved good average prices for the period under review. Splitwood also contributed to the export earnings during the period. Value added product exports during this period included doors, indoor furniture, mouldings, builders joinery, windows, wooden utensils and ornaments exports of which contribute significantly to the overall export earnings.
Agency cooperation
As the Norway forestry support for Guyana begins, Guyana is taking steps to increase oversight of mining operations and the impact on forests by increasing the number of Mines officers stationed across the country. The mining community is being challenged to be more transparent and identify procedures and practices to minimise irreversible damage to the forest.
For many years the mining and timber sectors have clashed over the extent of forest degradation in the course of mining. A statement from the Office of the Prime minister said “The recent agreement with Norway, through which Guyana receives payments to avoided deforestation and degradation, now puts a significant monetary and moral cost to any unnecessary degradation of forest areas for any purpose”.
The mining sector contributes massively to Guyana’s export revenue earnings and provides work for thousands but now needs to review its operational methods. Plans are being drawn up to increase the coordination between the Guyana Geology and Mines Commission and the Guyana Forestry Commission. The mining sector has come under increased focus because of the forest damage caused and have been advised that they would have to radically transform their operations.
Guyana Log Prices Logs, FOB Georgetown
| SQ - $ Avg unit per m3 |
| Std
| Fair
| Small
| Greenheart | 160 | -
| -
| Purpleheart | 200-235 ⇑ | 180-220 ⇑
| 205-220
| Mora
| 125-130⇑ | 120-125 ⇑ | 110-125 | *Small SQ is used for piling in the USA and EU. Price depends on length.
|
| Guyana Sawnwood Prices
| | Logs, FOB Georgetown | $ Avg unit per m3 | | EU and US markets | Undressed | dressed | Greenheart
| Prime
| - | -
|
| Standard
| 573-806 ⇑ | 551-763 ⇓ | | Purpleheart | Prime
| -
| -
|
| Standard
| 594-900 | - |
| Guyana Plywood Prices
| Plywood, FOB Georgetown Port
| $ Avg unit per m3 | Baromalli
| BB/CC
| 5.5mm
| -
|
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| 12mm
| 377-406 ⇑
|
| Utility
| 5.5mm
| -
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| 12mm
| -
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| | (ITTO's Tropical Timber Market Report) |
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| [24.12.2009] |
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