Canton Fair Helps Teak Prices Stabilize

According to merchants, the Canton Fair held some time ago brought orders to teak, but there were few orders and there were few large-scale purchases, mainly based on small-batch purchases. Teak in the recent performance is still relatively stable, the market as a whole stabilized. In addition, prices have remained relatively stable. At present, the market in Guangdong teak is 2.2-4m in length, 10-30cm in thickness, and A-grade (Watcheng material) price is 21,000-23,000 yuan/m3.