According to the ITTO report, Myanmar Timber Enterprise is proposing to sell around 400,000 H.tons of logs during the one-year suspension of log extraction.
Of which, 30,000 H.tons of teak and over 300,000 H.tons of other hardwoods will be sold and priced in U.S. dollars while 9,000 H.tons of teak and around 60,000 H.tons of other hardwoods will be sold and priced in the domestic currency.
Source: Lesprom Network