KUCHING: Myanmar’s total log export ban that took effect five months ago has pushed up tropical log prices, benefiting major Sarawak timber companies.
According to Ta Ann Holdings Bhd
, the price of timber species keruing and mixed light hardwood (MLH) logs have surged by US$90 and US$20 per cu m respectively since Mynmar stopped exporting logs on April 1.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Thank you for your report!
