3 months ago
1
Riding connected dependable merchandise of mature Nilambur teak from decades-old plantations and robust auction demand, the Palakkad Timber Sales Division has announced that it volition present Letters of Appreciation for the ‘highest bidder of the month’ and the ‘highest bidder of the year,’ a determination aimed astatine encouraging steadfast contention and widening information successful timber auctions.
The part has stocked a important quantity of premium teak logs astatine its Walayar, Nedumgayam and Aruvacode depots, said K. Ashraf, divisional forestofficer, Timber Sales Division, Palakkad. He said the timber presently being harvested is from plantations raised during 1962-63, making the trees astir 60-65 years aged and yielding precocious density, superior-grade teak.
“Nearly 6,000 cubic metres of further caller teak logs are expected to get earlier March, importantly strengthening availability crossed the 3 depots,” helium claimed.
Premium furniture
Mr. Ashraf said the internationally acclaimed Nilambur teak is known for its strength, durability, good atom and earthy absorption to termites. Its golden-brown colour, dimensional stableness and agelong lifespan marque it a preferred hardwood for premium furniture, structural uses and interior works. Demand continues to emergence wrong Kerala and crossed India, with caller auctions seeing Export ‘B’ and Export ‘C’ prime logs fetching immoderate of highest recorded rates, reflecting a buoyant market.
All auctions are conducted done MSTC e-commerce portal to guarantee transparency and nationwide participation, helium said. “Four online auctions are held each month. Individual buyers tin registry by paying ₹590 and acquisition up to 8 cubic metres crossed depots, portion traders and commercialized buyers tin registry for ₹5,900 with not quantity cap,” helium said and added that astir 350 registered buyers, including participants from extracurricular Kerala, are presently enlisted.
Along broadside online auctions, a retail auction installation operates astatine each depot successful enactment with provisions of the Government of Kerala. A fixed quantity of teak logs are earmarked for bona fide home use. Buyers constructing houses indispensable nutrient an approved gathering program and section panchayat permits; aft verification, they tin acquisition up to 5 cubic metres per depot for idiosyncratic construction.
Single pass
Timber purchased tin beryllium transported utilizing the nationalist transit walk system, with a azygous walk valid crossed India, facilitating question wrong Kerala and to different States.
Mr. Ashraf said the part has recorded astir ₹60 crore successful timber merchantability gross successful the existent fiscal twelvemonth and is targeting astir ₹80 crore adjacent year, driven by accrued banal and sustained demand.
He expressed assurance that the dependable proviso of mature teak, an anticipated pre-March inflow and transparent online and retail systems — present coupled with bidder recognition—will fortify marketplace assurance and further expandthe request forteak nationwide.
