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FRA says Bamboo Prices could Rise
FRA says it is “excited” by the prospects of bamboo being hailed as the new super material, which can be used for everything from housebuilding to garment manufacture.
The research and analysis consultancy, which specialises in the forestry investment sector, claims that bamboo’s uses could make prices rise hugely over coming years, making it a good prospect for alternative investors.
“As the demand for raw materials increases in countries like China and India, the price of bamboo, which has so many uses and is a fast growing species, is bound to rise significantly.”
FRA’s analysis partner, Peter Collins, added, “We believe that bamboo, along with teak, eucalyptus, and other fast-growing durable forestry species, offers a wonderful opportunity or environmentally conscious investors.
“Prices of these asset classes are expected to grow over the coming years, as emerging economies continue to expand and demand more and more raw materials for construction and infrastructure projects.”
FRA supports investment in sustainable forestry projects, and bamboo, although not strictly a timber product, comes under the same banner. In fact, bamboo is being touted as the ‘timber of the 21st century’.
"As with projects like the plantations run by Greenwood Management and other companies in developing countries, the growing of bamboo in a sustainable way has the potential to help people living in these countries to establish a living and safeguard it for the next generation, providing proper forestry management techniques are used,” added Collins.
About Forestry Research Associates
Forestry Research Associates is a research and advisory consultancy that focuses on forestry management, sustainability issues and forestry investment around the globe.
Forestry Research Associates
620 Vineyard Lane
Bainbridge Island, WA 98110
(206) 316 8394