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At present teakwood is one of the most outstanding
and noble hardwoods in the world; highly valued by its
unusual beauty, its rich golden brown luster, strength,
and resistance. Endemic of Myanmar (Birmania), Teakwood
was introduced to Central and South America over a century
ago, and is currently one of the most demanded woods
worldwide; mainly because of a rare peculiarity... a
protective oil layer that makes it resistant to the
aggressions of sun, rain and plagues.
Teak is among the top woods in demand for marine use
in Europe; its elegance and resistance to salinity make
it the perfect deck and interior material for vessel
construction. Asian markets direct teak for high quality
carved furniture and floors, while America consumption
goes mainly to cabinetmaking, carpentry and decoration
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Global demand
for Teakwood is enormous and exceeds supply many times
over, keeping market prices continually rising; consequently
so do profit margins. According to the ITTO (international
tropical timber organization), last years forestry
were among the best, performing 8,4% above the investment
value.
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