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| Active purchasing points to market recovery |
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Export products from Myanmar such as freshly cut teak, pyinkadoe and gurjan have been selling in reasonable quantities. Buyers say grading and pricing are the key elements to bringing the market back to normal. Insofar as pricing is concerned, Myanmar Timber Enterprise (MTE) is reluctant to adjust prices downward, while grading has been reviewed to accommodate the needs of the day.
Given the current trading patterns in Myanmar, it seems to be an optimistic time for some and buyers hope positive trends will continue in the months ahead. Timber transport by road to Yangon is most feasible. The Bi-Weekly Eleven journal and Myanmar Post noted the discussion of a paper presented recently at a meeting of the Myanmar Timber Entrepreneurs’ Association. The paper discussed the pros and cons of relying on various methods of transport in the country including by river, rail and road. The paper stressed the need to observe ASEAN standards for axle load, weight and dimension limits to reduce wear and tear on existing roads and highways. The paper also indicated that transport of logs to Yangon was
most feasible by trucks.
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| Source: ITTO (TTM-Report) |
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