Timber market in 1974 and in the first quarter 1975
Research subject and fields:
The good economic situation on the timber market that started in the second half of 1972 continued almost to the middle of 1974. It was accompanied by considerable increase in prices for all wood products. Trying to withstand the inflation and to settle the balance of payment after rise of power supply crisis Governments of many countries took steps to restrain excessive demand. By the end of 1974 and the beginning of 1975 almost all activities on the market of broadleaved tropic-wood logs, saw wood and panels have been stopped, This brought first to the stabilization of high prices and then some exporters have started to gradually lower down the prices. In the course of the second quarter of 1975 there is expected a gradual revival on the market of broadleaved saw wood and simultaneously with revival of economy in the second half of the year it should be expected that the relations on the market would completely normalize.