Research Journal of Science and Technology

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Evaluation of Short Term forecast of Timber Price in Chhattisgarh


Affiliations
1 S.G. College of Agriculture and Research Station, Jagdalpur, India
2 Department of Soil Science, College of Agriculture, Indira Gandhi Krishi Vishwavidyalaya, Raipur, India
3 Department of Agricultural Extension, College of Agriculture, Indira Gandhi Krishi Vishwavidyalaya, Raipur, India
4 College of Dairy Technology, Raipur, India
     

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Trend and forecasting equation for timber price on the basis of regression factor were designed for each forest circle. Grade wise of timber price and its comparison with different species were also calculated. For fitting of trend and short tern forecasting of various timber price data for Teak , Sal , Bija , Shisham , Khamhar , Saja and Dhawra species were collected from each forest circle of forest department of Chhattisgarh . The data were collected for a period emergence of new state Chhattisgarh i.e. from 2001 to 2005. The analysis was done for circle wise, grade wise and state level records. The best fitted trends and forecast was observed for Kanker followed by Sarguja and Bilaspur circle, where as positive trends and forecast was observed.
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  • Evaluation of Short Term forecast of Timber Price in Chhattisgarh

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Authors

D. P. Singh
S.G. College of Agriculture and Research Station, Jagdalpur, India
Deepak Kumar
Department of Soil Science, College of Agriculture, Indira Gandhi Krishi Vishwavidyalaya, Raipur, India
S. K. Yadaw
Department of Agricultural Extension, College of Agriculture, Indira Gandhi Krishi Vishwavidyalaya, Raipur, India
Alok Shrivastava
College of Dairy Technology, Raipur, India

Abstract


Trend and forecasting equation for timber price on the basis of regression factor were designed for each forest circle. Grade wise of timber price and its comparison with different species were also calculated. For fitting of trend and short tern forecasting of various timber price data for Teak , Sal , Bija , Shisham , Khamhar , Saja and Dhawra species were collected from each forest circle of forest department of Chhattisgarh . The data were collected for a period emergence of new state Chhattisgarh i.e. from 2001 to 2005. The analysis was done for circle wise, grade wise and state level records. The best fitted trends and forecast was observed for Kanker followed by Sarguja and Bilaspur circle, where as positive trends and forecast was observed.