Business : Exports Of Sarawak's Timber, Timber-based Products Reach RM1.16 Bln As Of June
KUCHING, Sept 18 (Bernama) -- The export value of timber and timber-based products from Sarawak is estimated to have reached RM1.16 billion as of June this year, said Sarawak Timber Industry Development Corporation (Pusaka) general manager Datuk Zainal Abidin Abdullah.
Sarawak's timber and timber-based product exports reached a value of RM1.16 billion by June, according to Datuk Zainal Abidin Abdullah, the general manager of Sarawak Timber Industry Development Corporation (Pusaka). This figure falls short of the RM1.21 billion recorded during the same period last year, attributing the decline to market price, product value, and shifting international market conditions.
However, plywood remained the leading export, valued at over RM500 million, followed by logs at around RM192 million and wood substitute products at RM180 million. Downstream products, including wood waste, biomass, wood pellets, wood panels, and biochar, contributed RM200 million to the overall export value, primarily exported to Japan and China.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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