Market Trend of Burma Teakwood

Market Trend of Burma Teakwood


(Abstracted from www.wood-china.com) According to the present market performance, the market of Burma teakwood remains good in 2014. Burma has imposed export restrictions on log since Apr. 2014 and reduced deforestation year by year based on market analysis. Meanwhile, it is said that India increases the amount of Burma teakwood purchased. It is estimated that the amount of Burma teakwood imported by China will be less and less in the future. However, the inventory of Burma teakwood is still huge, and it can be used for a long time. Therefore, the market of Burma teakwood will be steady and become better in the future. The price of Burma teakwood rises based on the present market performance. The price will rise if the supply of Burma teakwood is not abundant with the consumption of storage.