Myanmar to lift harvesting suspension

The Forestry Department and Myanmar Timber Enterprise (MTE) have officially announced that about 17,000 hoppus tons of teak and about 350,000 hoppus tons of hardwood logs will be harvested after the one-year harvesting suspension is lifted on 31 April 2017.

In welcoming this news, the private sector has alerted the authorities to the likelihood that there will be a shortage of logs next year as logging could not be carried out during the rainy season, which extends from May to October. A lifting of the suspension of logging in April effectively means no new logs will come onto the market until late in 2017.

Source: ITTO