A firming in the price of the Brazilian real and delays in management plan approvals has led to Para’s tropical plywood exports falling significantly between January and August, according to the International Tropical Timber Organisation’s latest market report.
Volumes were down 61% to 6,900m³, with the value down 56% to US$4.6m.
Tropical sawnwood exports reduced by about 17% in the first eight months 127,600m³ while the decline in export earnings fell 7% to US$70.5m.
