Journal article
Timber Trading and Pricing of Plantation Grown Teak (Tectona grandis Linn.F) in Laos
P Wanneng, B Ozarska, S Phimmavong, B Belleville, B Davidson
Small Scale Forestry | SPRINGER | Published : 2021
Abstract
The market demand and price of teak in Laos vary broadly and depend on several factors. The aim of this study was to assess timber trading and pricing based on a survey of teak buyers. The research investigated teak trading methods, markets and prices paid for particular timber types and quality grades. Three types of teak timber are commonly sold: 24.7% as standing trees, 39.6% as round logs and 35.7% as square logs. The main wood products produced from plantation teak include joinery products, door and window frames, and furniture (57.9%, 26.3% and 15.8% respectively). The end buyers of teak timber in Laos are sawmillers and wood manufacturer. Teak timbers supplied to end buyers from growe..
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Funding Acknowledgements
The authors would express special thanks to anonymous reviewers of this paper for their constructive criticisms, and comments. The authors are grateful for the funding support of the Australian Centre for International Agricultural Research (ACIAR). The authors also would like to thank the Laos Wood Industry and Furniture Association, the Department of Industry and Commerce (DIC) of both Vientiane municipality and Luang Prabang Province for all their kind support and cooperation for this research. A special thanks to the Luang Prabang Teak Program (LPTP) staffs, Mr Bounchan Innavong, Mr Mith and Mr Bounthan for their assistance with fieldwork and data collection.