Guyana: Intra-regional trade to the Caribbean boosts export results July 08, 2008
Guyana’s exports of mouldings for the fortnight have improved over the previous month’s total, mainly due to the large export volumes of purpleheart mouldings to Barbados. Export volumes of value-added products (e.g. doors) to the Latin America/Caribbean region have seen robust increases of 61.9% when compared to the same period of 2007. Further comparison between the same the main destination for value-added products, while Grenada and Trinidad & Tobago increased their consumption by over 30%. The average price for greenheart logs continues to climb, reaching a 9.5% increase over the recent highs of USD126 per m³ to USD138 per m³ on average, with a maximum of USD180 per m³. The average price for mora and purpleheart logs increased by 16% and 7.6% respectively over previous months. Export volumes of logs have yet to improve.
Malaysia Log Prices Guyana Log
Prices
Logs, FOB Georgetown
SQ - $ Avg
unit per m3
Std
Fair
Small
Greenheart
140-180 ⇑
130
120 ⇓
Purpleheart
180
170 ⇑
160 ⇑
Mora
130
120
110
*Small SQ is used for
piling in the USA and EU. Price depends on length.
