The depression of African wood continued in June. The distribution of African wood was always sluggish in Europe wood market. Although the distribution of African wood was advanced rapidly in Chinese wood market, the market still remained low. Its said that, the downturn of African wood market may affect the financial sector in Africa.
At present, the new Okumen logs have entered the market. However, the price declined because of the stocked Okumen in the wood market. Some suppliers expressed, they will maybe stop logging Okumen in the next time, which will caused the drop of the Okumen supply in the wood market in the future.