Friday, January 23, 2009

Timber products prices tumbled

Timber products prices tumbled sharply in the 1st half of January 2009, reflecting the severe contraction experienced by the construction & furniture industries, both locally & overseas. This explained the sharp drop in the prices of timber stocks, such as WTK & Ta Ann.


Chart: Malaysian Timber Products Prices (from Jan 2008 to Jan 2009) [Source: ITTO]


Table: Malaysian Timber Products Prices (from Jan 2008 to Jan 2009) [Source: ITTO]

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