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.35 million with Vietnam 1,072 cu.m which earned Eur0.83 million to become a major market for Ghana’s air-dried sawnwood.
Between January and April 2023 Asian markets absorbed most of the teak exported from Ghana (27,890 cu ... [más...]
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In the US, where almost all imports were in the form of sawn teak for the luxury yacht market, the number of companies importing from Myanmar dropped by twothirds to only 5 importers, yet total trade still increased slightly ... [más...]
. Other employees were also found guilty. The company is said to have imported teak from Myanmar several times between 2008 and 2011 despite an embargo. The court considered it proven that the Foreign Trade Act was violated in this way in 31 cases ... [más...]
The Myanma Timber Enterprise (MTE) harvesting plan for 2019-20 provides for the production of about 5,000 tons of teak and 28,5000 tons of other hardwoods ... [más...]
The NGO Environmental Investigation Agency (EIA) suggests, in one of its reports, that a significant amount of teak from Myanmar was imported into the EU via Croatia from 2017 to 2019 without full evidence of legality ... [más...]
In Myanmar, teak logs are becoming more expensive. (Photo: Robert Wood)
Despite the European legislation and its Timber Regulation (EUTR) that is supposed to moralize commercial practice ... [más...]
News is circulating that the Forest Department in Myanmar is planning to allow harvesting of some mature (over 30-year-old) commercial teak plantations to partially compensate for the logging ban in the Bago Mountain Range ... [más...]
. There is growing concern for Myanmar’s teak-oriented exporters because of the strengthening of EUTR.
According to some timber exporters there was no clear outcome from the recent meeting between the Myanmar delegation and EC in Brussels ... [más...]
Given continuing controversy in the EU over whether Myanmar teak can be traded in compliance with EUTR requirements, importers questioned by ITTO’s correspondent were surprised by EU import statistics showing a 46% increase in sawn hardwood trade w ... [más...]
As many as 380 tonnes of illegal teak from Myanmar, worth between 4 and 6 million euros, were seized by officials from Italy's Trieste Customs Agency and Monopolies and by the forest agents, following a report from the Environmental Investigation A ... [más...]
A press release from NepCon, a Danish non-profit organisation, says the Danish Competent Authority asked seven local companies to strengthen their due diligence systems if they wish to continue to market Myanmar teak in the EU ... [más...]
. for the establishment of teak plantations.
The investment is said to amount to USS115 million. The area allocated for plantation development is in the vicinity of Bago Yoma, a range of low mountains and uplands between the Irrawaddy and the Sittaung Ri ... [más...]
According to a report in the ETTF newsletter, an international alliance of yacht sector and associated organisations has cautioned against a ban on trade in Myanmar teak ... [más...]
A major Dutch company was found to having placed illegally sourced teak from Myanmar on the European market, as a recent investigation made by the Environmental Investigation Agency (EIA) revealed ... [más...]
During the first three quarters of fiscal 2017-18 around 36,000 hoppus tons of timber was confiscated. This include over 7,000 hoppus tons of teak and 29,000 hoppus tons other hardwoods ... [más...]
. The shift to plantation resources for wood product manufacture began around 5 years ago in Rondônia. Since then exports, especially of teak, to Asia have grown steadily ... [más...]
Auctions at forest depots in the South Dangs Division have been concluded. Around 17,000 cubic metres of teak and other hardwoods were offered for sale ... [más...]
This year Form Ghana reached a milestone in plantation forestry with the first harvest of 3,000 cubic metres of teak from FSC certified plantations near Akumadan, the capital of Offinso North ... [más...]
The authorities in Myanmar were reminded by the Environmental Investigation Agency (EIA) that if they don't clarify the flow of logs which go from the forests to the mills, the legality of the wood for export will always be doubted by the teak ... [más...]
Analysts report that the pace of imports of plantation teak have slowed due to the declining quality of imported logs which are derived mainly from plantation thinnings ... [más...]
Myanmar Forestry Authority has informed in the next fiscal year (2017-18 fiscal year), Myanmar will resume teak and hardwood production. Production targets are expected to reach 270,000 tons ... [más...]
Demand for imported teak logs remains steady but not firm enough for wholesalers to achieve a price increase. Difficulties with the minimum prices set by Customs continue and efforts are on-going with the Ministry of Finance to have this resolved ... [más...]
Two of the biggest exhibitors at the London Boat Show, which took place between January 10-14th are accused by the London-based Environmental Investigation Agency (EIA) of building luxury yachts with illegitimate teak from Myanmar ... [más...]
Demand for teak has fallen reflecting end-users concern for the economy and due to the annual monsoon during which time sales regularly slip. Because of this importers cut back on plantation teak purchases ... [más...]
There has recently been released a report on the illegal importation of Burmese teak from Myanmar to the EU. Many of the companies have failed to show the source of the teak they were importing ... [más...]
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