Myanmar teak market presents two hot trends

In October, the timber market improved significantly and the market sentiment was positive. During the visit to Xingye Wood Plywood Market, it was learned that the main activity in the market is to make foreign trade furniture factories. According to merchants, the wood they purchase is mostly domestically produced or lower-priced wood such as Betula alba, Betula alnoides, and beech wood; and relatively high-end wood such as Myanmar teak mainly supplies domestic demand. Due to the stable domestic economic climate, Burmese teak and other high-end timber prices have remained stable, and sales have not seen any significant growth. Burmese rosewood has always performed well and is welcomed by the market.

The 2013 Burmese teak market is rather special. The merchant told the author that under normal circumstances, Burmese teak presents two hot market trends, that is, the market demand is the largest in the two periods of the year and the end of the year, and this year, as the price of Burmese teak material has dropped by as much as 40 at the beginning of the year. %, downstream manufacturers increased their inventory significantly, even after the second quarter, especially after June. It is understood that, at present, Burmese teak raw material prices have risen about 500 yuan / cubic meter, and due to the impact of the rainy season and Yunnan has not yet switched, the raw material supply is tight. However, the current rainy season is over and soon there will be raw materials. According to merchants, the impact of new materials entering the market depends on the quantity and quality of new materials. Merchants predict that if there are no large quantities of new materials entering the market, the market will continue to operate smoothly.

Affected by the CITES Convention, rosewood rosewood headed by red rose prices, Burmese rosewood (also known as large fruit rosewood) is no exception. It is understood that Burmese rosewood raw material prices rose from 13000-14000 yuan / cubic meter to 180-19000 yuan / cubic meter, an increase of more than 30%.