Myanmar: Tropical Log Prices Surge, Myanmar Export ban a Boon to Malaysia

Sep 4, 2014 | Jack Wong, The Star
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KUCHING: Myanmar’s total log export ban that took effect five months ago has pushed up tropical log prices, benefiting major Sarawak timber companies.

According to Ta Ann Holdings Bhd, the price of timber species keruing and mixed light hardwood (MLH) logs have surged by US$90 and US$20 per cu m respectively since Mynmar stopped exporting logs on April 1.