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Guyana: Slow start in markets
February 09, 2010
The beginning of the year got off to a slow start for exporters as harvest volumes were lower than over the past months, in particular the log market remained relatively quiet for the period under review compared to the previous period. Most of the logs exported are for the Asian market, particularly India and China. For Sawnwood there was virtually no production of undressed (rough sawn) Greenheart and Purpleheart, this again was because of the low log volumes harvested in the latter part of December 2009.

Prices for rough sawn Mora remain unwavering. However prices for dressed Greenheart and Purpleheart recorded a decline for the period compared to the previous period. However Guyana’s dressed Washiba sawnwood known internationally as Ipe continues to maintain high prices. Trade sources report that there was no production of Baromalli Plywood for the period under review. Output of value added products declined in the early part of the month year and only outdoor furniture and Spindles were exported however average prices were fairly good in January.

Product development and promotion
Forest Product Development and Marketing Council Guyana Inc (FPDMC) supported product development and market promotion for stakeholders within the forestry sector in 2009 In 2009, the Forest Products Marketing and Development Council (FPDMC) embarked on a number of activities with an emphasis on development of the forest sector. Much importance was placed on value added production and effective use of “Lesser Used Species”.

In addition, extensive outreach visits to observe the operation of stakeholders and understand their concerns, was undertaken. The FPDMC undertook an intensive outreach programme in keeping with its mandate to improve product quality and marketing within the forest sector. Ongoing visits are being conducted by FPDMC officials to encourage and promote standards and efficiency at sawmills and operations of local processors.

The Council is also on a drive to encourage: marketing and promotion of comparable properties of Lesser Used Species (LUS) to other commercialized species here in Guyana; Exposing Stakeholders to information on the significant benefits to be derived from utilising kiln drying facilities and manufacturing more value added products and advocating the conversion of waste into marketable products. With the acquisition of new machines (which the Council is encouraging the industry to procure) and with appropriate training, it is expected that the industry will have the capacity to increase downstream processing.

Malaysia Log Prices
Guyana Log Prices
Logs, FOB Georgetown
 SQ - $ Avg unit per m3
               
Std
Fair
Small
Greenheart
140 130
120-180
Purpleheart
200-250 170-200 150-180
Mora  
- - -
*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
No export No export

Standard
No export 649-742
Purpleheart Prime
No export -

Standard
No export 700-803
Mora
Prime
No export

Select
No export

Sound
No export

Merchantable
500
No export
400



(ITTO's Tropical Timber Market Report)


Other updates available:

2010

2009

2008


2007

2006



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