Price Trends of Teak (Round Logs) in Orissa

Abstract

The object of this study was to analyse the teak (Tectona grandis) logs prices in Orissa. It is observed that annual growth rate in prices is higher in larger girth classes and there was steep rise in price after 1974. Rise in teak price indices is much higher than the general price indices and after 1974 this gap has widened which may be due to economic causes. More emphasis on teak plantation and utilization pattern substituting secondary species, etc. is necessary for arresting the rapid increase in prices.