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Their presentation makes for interesting reading and can be downloaded at the following link:
http://www.itto.int/files/user/presentations/Teak Conference - ITTO Presentation March 2013.pdf
As referenced in the presentation, the ban on Myanmars export of teak is proceeding and is resulting in a spike in teak prices and a stockpiling of teak by teak traders.
You can see more about this ban in the ITTO's recent report: