FOB		per Cu.m
Meranti SQ up		US$155-160
	small	US$125-130
	super small	US$95-100
Keruing SQ up		US$140-145
	small	US$110-115
	super small	US$80-85
Kapur SQ up		US$140-145
Selangan Batu SQ up		US$140-145

Francophone West African Log Prices

Sapele prices have held on to the gains made earlier this month. However Sipo prices remain weak because of poor demand, analysts expect prices to weaken further.

FOB prices for Bubinga have risen by euro 61per cubic metre for LM and B grades for the European market and by euro 30 per cubic metre for LM grade for Asian buyers. Producer's report China is buying Bubinga to balance out some over-stocking of other species. For Europe, the only price change seen recent has been for Bubinga but there are some modest downwards adjustments in prices for Asian buyers, for example Acajou B grade reported down euro 8 per cubic metre.

Fromager and Movingui are both reported down euro 15 per cubic metre in the LM and B grades while Tali is said to be down a modest euro 4 per cubic metre for LM and B grades.

The most significant price change is the drop in Okoume prices by the SNBG. Prices are quoted as down 5% for CI (choix industriel) grade, 8% down for CE (choix economique) and 9% down for CS (choix supplémentaire) grades, which China buys in the proportions of 40-40-20%
However, buyers for China are still not taking up normal volumes from Gabon and still buying at lower prices from Congo (Brazzaville) and Equatorial Guinea.

Padouk	206	168	-
Sapelli	259	244	206
Sipo/Utile	259	244	-
Tali	144	129	91
Doussie	427	335	274

Gabon Okoume
Grade	per Cu.m
CI	US$150
CE	US$122
CS	US$95
QS	US$176
Okoume for China
40% CI, 40% CE, 20% CS	US$200
(Free alongside)

Logs at mill yard	per Cu.m
Mahogany Ist Grade	No Sales
Ipe	US$67
Jatoba	US$43
Guaruba	US$28
Mescla(white virola)	US$35

Domestic wood prices changed slight as the Real strengthened against the dollar. In general, these prices are expected to remain stable, at least, in the short term. However, it is worth noting that pine log prices are likely to continue to increase due to high demand driving prices higher. As for tropical timber, there are no expectations of significant price increases

In other news, the State of São Paulo aims to harvest more state forest plantations in order to reduce harvesting in the natural forest. The idea is to harvest 1,000 ha per year, which could produce 250,000 cubic metres of wood and provide a revenue estimated at R$13 million. The species to be harvested are pine and eucalyptus which were planted in experimental stations and state forests more than 30 years ago. The state has reportedly about 27,000 ha of forest plantations and intends to replanted felled areas.

Indonesia

Domestic log prices	per Cu.m
Plywood logs
Face Logs	US$70-80
Core logs	US$45-60
Sawlogs (Merantis')	US$80-90
Falkata logs	US$90-95
Rubberwood	US$60-62
Pine	US$75-80
Mahoni	US$500-515

Logs
Domestic (SQ ex-log yard)	per Cu.m
DR Meranti	US$180-185
Balau	US$165-175
Merbau	US$190-200
Rubberwood	US$65-68
Keruing	US$155-165

กก

Sapele sawnwood prices have yet to respond to the sharply higher log price especially as mills are generally very short of logs in most species. Ayous, Moabi and Makore prices reported as stable, but Movingui sawn is under pressure as the log stocks in France are said to be adequate for the next few months. In contrast Azobe logs are in short supply in Europe and West African producers expect firm and rising prices for Azobe sawnwood and manufactured products. As with logs, demand for Sipo sawnwood is weaker.

Brazil

FOB Belem/Paranagua Ports

Export Sawnwood	per Cu.m
Mahogany KD FAS FOB
UK market	no trade
Jatoba Green (dressed)	US$540
Cambara KD	US$450
Asian Market(green)	@
Guaruba	US$243
Angelim pedra	US$265
Mandioqueira	US$185
Pine (AD)	US$120

Peru

กก

Report from Brazil

Sawnwood (Green ex-mill)
Northern Mills	per Cu.m
Mahogany	No sales
Ipe	US$275
Jatoba	US$201
Southern Mills
Eucalyptus AD	US$100
Pine (KD) First Grade	US$131

Report from Indonesia

Sawn timber, ex-mill
Domestic construction material

Malaysia

Sawnwood	per Cu.m
Balau(25&50mm,100mm+)	US$215-225
Kempas50mm by	US$165-175
(75,100&125mm)
Rubberwood
25x75x660mm up	US$215-220
50-75mm Sq.	US$225-235
100mm sq.	US$235-245

Ghana

Peru