ABSTRACT
The study examined price differences and causal factors of selected species of sawn-wood over a period of ten years (2005-2014) in some selected sawn-wood market in Delta State. Purposive sampling technique was adopted for the study. Data on demographic characteristics, identification of wood species sold in the state and causal factors for price differential were analyzed using descriptive statistics while factorial design in one way analysis of variance was used to test if significant differences exist in the price series data for the selected species. The result revealed that varieties of sawn-wood species are sold in the state. Pterocarpus osun, Combretodendron africanum, Berlina congolensis were selected based on the fact that they were sawn into the volumes 0.013 m3, 0.019 m3 and 0.025 m3under consideration. Majority (79%) of the respondents considers the cost of production and profit margin before fixing sawn-wood prices. About 38.33% of the respondents affirmed that seasonal changes where the major causes of price difference. Significance differences (P < 0.05) were observed for the selected species of sawn-wood with respect to species, volumes, market categories and number of years. The significant differences revealed that sawn-wood market in the state is efficient. |
