Oct 09, 2006. /Lesprom Network/. Timber stocks continued to rally following the bullish outlook on the selling price of the commodity, Business Times reported. Analysts are positive on the timber industry given the rising timber prices that will translate into higher earnings for related companies. Strict regulations to curb illegal logging, tight supply and growing demand for timber in countries like China, India and Japan have also pushed up timber value. The price of plywood, which is from the timber family, have jumped more than 66% to almost $500 (MYR 1 845) per cubic meter from $300 (MYR 1 107) in January. The value is expected to be sustainable within the next six months, an official from timber firm Ta Ann Holdings Bhd said. Analysts concurred by saying that the price trend may continue over the medium term. Ta Ann shares added 45 sen, or 5.52%, to MYR 8.60, Cymao Holdings Bhd gained 18 sen, or 12%, to MYR 1.69 and Tekala Corp Bhd was up 5.5 sen, or 6%, to 98 sen. Leweko Resources Bhd was up 3 sen, or 2%, to MYR 1.54, Priceworth Wood Products Bhd up 6 sen, or 10.2%, to 65 sen and Eksons Corp Bhd up 3 sen, or 3%, to MYR 1.08. WTK Holdings Bhd, however, was down 15 sen, or 2.3%, to MYR 6.50. Sanbumi Holdings Bhd, which is involved in tanker delivery services as well as timber log trading, also jumped 3.5 sen, or 5.1%, to 72.5 sen.