Indian timber prices rise

According to reports, in the last two quarters of 2009, India’s economic GDP increased by 6.3%, mainly in agriculture. As the country’s forest area increased, timber prices showed a good trend.

India's 2009 National Forest Report pointed out that India’s increase in forest area has effectively absorbed 11% of the total greenhouse gas emissions in the country. The report stated that increasing the national forest coverage rate is an important measure to improve the climate and environment.

At present, teak prices in India and other countries have gradually increased. Myanmar teak sawn timber and AD plates have a Class A price of Rs 2000-3,600 per cubic foot, Class B offer is 1800-3000, and C class is 1250-1500. This is compared with the previous period. Both have risen and show good conditions.

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