Despite a drop in export volumes most companies report good results from their log exports in the first half as price increase were accepted in the main markets.
Exporter Ta Ann reported a 29% rise in April-June year-on-year log export earnings and a 7% rise in earnings from plywood sales.
Sarawak log production is expected to increase in the July-September quarter which is the seasonal dry spell in Sarawak. The dry weather facilitates felling operations.
The outlook for log exports is good as India, which currently consumes about 60% of Sarawak’s log supply, is expected to maintain a high level of imports due the government spending on infrastructure and construction projects.
