Prices for keruing and mixed light hardwood (MLH) logs have increased since Myanmar stopped exporting logs on 1 April this year. The group increased log sales by 30% in the April-June quarter.
WTK Holdings Bhd reported an almost 7% rise in average round log prices in the April-June quarter and it took advantage of the firm price to increase sales. The news of price increases continued with Jaya Tiasa Holdings Bhd saying the average price of its logs improved by 18% in the 12 months to 30 June.
