Gabon bans harvest of four hardwood species

Gabon has banned the harvest of four valuable hardwoods according to the International Tropical Timber Organization’s Tropical Timber Market Report, writes Mongabay.com.

Afo, douka, moabi, and ozigo are no longer permitted to be harvested, the ITTO publication states.

Producers will have to dispose of all stocks of these species by the beginning of April this year.

The ITTO notes that “although individually the volumes of each of the four species are not that significant, the ban will mean a noticeable reduction in the harvest volumes per hectare.”

The move “is expected to impact the viability of some concession areas,” it continues.

The reason behind the decision was not immediately specified.

Prices for tropical hardwoods have been plunging as a result of falling demand resulting from the global economic slowdown.

Source: Mongabay.com

Date: 22/01/2009

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