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International
Log Prices
Sarawak
Log Prices
FOB
per Cu.m
Meranti
SQ up
US$165-170
small
US$135-140
super
small US$105-110
Keruing
SQ up
US$150-155
small
US$120-125
super small
US$90-95
Kapur
SQ up
US$140-150
Selangan
Batu SQ up
US$140-145
Francophone
West African Log Prices
Some
modest price movements have been seen and the recent gains in Sapele and
Iroko prices have held very firm. In
contrast to the general upward movement in prices, prices for Ayous B
grade logs for Asia are down Euro 15 per cubic metre, otherwise all other
price changes are moving upwards.
Fromager/Ceiba
prices are up Euro 15 for LM and B grades, Limba/Frake prices also moved
up after a long unchanged period. Padouk
B grade log prices are reported as up to the same as the LM grade price
level. Also, Doussie blanc/pachyloba prices have suddenly taken an upward
turn.
At
the moment Sapele and Sipo prices are now the same and exporters say
demand for Sapele remains very good.
Freight Rates
The
major issue mentioned by exporters is that of ocean freight for the Far
East ports. Freight rates are
up around a further US$10 cubic metre but, because of the strong demand
for shipping space for wheat, coal and other cargo, there are very few
vessels now interested in the West African timber trade.
There
are some reports of logs being shipped to French ports and then being
trans-shipped into containers for Asian destinations. Buyers for China are paying up to a further US$2 cubic metre
for freight currently and rates are likely to go higher.
Apparently,
two French shipping lines have withdrawn some West African services, while
shippers in the Cameroon say that they now only have the RoRo Service for
sawn lumber but that, as yet, rates have not increased.
Gabon
shippers now report very infrequent shipping opportunities, which is
causing real financial problems, as they are unable to move contracts in
stock ready for shipment.
Some
smaller timber producers and exporters in the region are going out of
business as it is reported the major French banks are slowly withdrawing
support for timber businesses generally.
FOB
LM B
BC/C
Euro per Cu.m
Afromosia/Assamela
381
350 -
Acajou/N'Gollon
175 152
-
Ayous/Obeche
175 160
106
Azobe
152 145
114
Bibolo/Dibtou
145 106
-
Fromager/Ceiba
114 114
-
Iroko
289 
259 191
Limba/Frake
137
114
99
Moabi
221 198
-
Padouk
206 206
-
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)
Myanmar
Veneer
Quality
FOB per Hoppus Ton
February
March
2nd
Quality
No sale
No sale
3rd
Quality
Euro3519 
Euro3532
4th
Quality
Euro3366
Euro3187
Teak
Logs
Sawing
Quality per Hoppus Ton
Grade
1
February
March
Average
Euro1986
Euro2020
Grade
2
Average
Euro1644
Euro1662
Grade
3
Average
Euro700
Euro600
Grade
4
Average
Euro973 ß
Euro987
Assorted
Euro605
Euro614
Domestic
Log Prices
Brazil
Domestic
timber prices have risen slightly. Tropical wood product prices increased
due to the scarcity of logs, the result of heavy rains that hampered
logging.
As
for Pine solid wood products, these prices have stabilised at the improved
levels and are not expected to rise further, at least in the short term.
However, the big increase in pine plywood for export will probably drive
up domestic log prices.
Logs
at mill yard
per Cu.m
Mahogany
Ist Grade No
Sales
Ipe
US$68
Jatoba
US$44
Guaruba
US$29
Mescla(white
virola) US$36
Indonesia
Domestic
log prices per
Cu.m
Plywood
logs
Face
Logs
US$80-90
Core
logs
US$55-65
Sawlogs(Meranti)
US$85-95
Falkata
logs
US$90-95
Rubberwood
US$75-85
Pine
US$85-90
Mahoni
US$500-515
Peninsula
Malaysia
Logs
Domestic
(SQ ex-log yard) per Cu.m
DR
Meranti US$180-185
Balau
US$165-175
Merbau
US$190-200
Rubberwood
US$70-75
Keruing
US$155-165
Ghana
per Cu.m
Wawa
US$33-41
Odum
US$77-175
Ceiba
US$27-53
Chenchen
US$33-88
Mahogany
(Veneer
Qual.) US$47-160
Sapele
US$55-154
Makore
(Veneer
Qual.) US$55-154
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