Teak Prices

The International Tropical Timber Organisation recently presented at the world teak conference in Bangcock Thailand at the end of March.

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:

 http://www.itto.int/en/mis_download/

Where can I find out more detail about teak as an investment

The internet is a great source of information and to keep up to date with trends in wolrd teak prices the Tropical Timber Market report is issued free to subscribers. To subscribe just go International Tropical Timber Organization website at: http://www.itto.or.jp/ click on publications and then on Market Information Service, fill in your details and you are now subscribed to receive free access to the archive of previous reports and also to receive a copy by e mail every two weeks.

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