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Peru's timber exporters increase FOB price for Mahogany


Peruvian timber exporters have recently increased the FOB price of Mahogany. The main reason is the growing demand because of the restriction in Brazil on the export of Caoba (Mahogany). In spite of the price increases, North American and Central American importers still are buying Mahogany. According to representatives of some exporters, while importers are prepared to pay the higher prices they are also looking for lower priced alternative species with similar characteristics.

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