Under the new Bolivian Constitution, the Superintendencia Forestal (SF), which was responsible for the regulation and supervision of forestry matters in Bolivia, will become subordinate to the Ministry of Rural Development and Land. The new entity, ‘the Authority for Social Control of Forests and Land (ABT)’, will regulate activities associated with forests and agriculture and ensure natural resources are used in a sustainable way. As such, the functions of the ABT do not change much from the old functions of the SF. It is not yet known whether the headquarters for this new entity will be in Santa Cruz or in the capital of La Paz. The rationale for the change, according to some officials, is to generate additional government savings and reduce bureaucracy.
There were a few minor price changes through the end of May. Log business with Asian countries had held very firm through the month with possibly more activity than producers and exporters had expected and some reports of difficulty in filling buyers’ orders for volume of species such as padouk and belli. As a consequence, prices have moved higher. Okoume also was in good demand. Although some exporters had expected a weaker price trend, demand was good enough to see a very slight price gain for okoume logs at the month’s end.
Overall, the West African market appeared to be balanced and stable. Exporters were if anything slightly more optimistic for continued stability through the current quarter.
Also in this issue
- ITTO and RRI hold conference on forest tenure
- Ghana’s first quarter trade slows to major markets
- Sarawak scales back timber quota rate
- APHI warns too many levies hurt Indonesian competitiveness
- Mato Grosso timber exports plummet by volume
- Guyana’s prices demonstrate stability over the fortnight
- Japan’s lumber imports fall sharply in 2008
- China to raise standards on wooden furniture
- China forum promotes tri-layer solid composite flooring
- UK report indicates 25% of European timber imports certified
- Slight rise in UK plywood restocking