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
The
market has improved with modest price gains for several species and prices
in general are reported as very firm for Europe and for East Asian buyers.
Analysts are reporting that market sentiment has improved in Gabon and
buyers for the Chinese market finally had to accept the FOB prices and the
higher freight charges.
Gabon's
Okoume monthly export log production level is now reported at only about
40,000 cubic metres, a drastic decline from the previously usual
80/100,000cubic metres per month. One reason for the drop in export log
production is that there has been an marked increase in the production of
veneer and plywood in country.
The current production of Okoume logs in Gabon is only 60% of levels seen
recently and, as anticipated in the previous report, there is likely to be
a shortage of logs in the market. Peeler species, especially Okoume,
Andoung and Ayous are very
much in demand by local mills and from overseas buyers.
Freight
rates to China have fallen slightly to US$77/82 for Okoume and US$100/110
for red species. For Europe
the major shipping lines have held freight charges at Euro 82 per cubic
metre but some smaller charter vessels have come into the market with
freights around Euro per cubic metre.
The
situation at the ports is now very different from the situation two months
ago when few vessels were seen.
FOB
prices have been reported as moving higher. Sipo which has been out of
favour, but now prices for this timber have started to recover and are
reported as up Euro15 per cubic metre. Prices for Niangon, Bosse and
Movingui are also up Euro15 and Iroko prices are up as much as Euro 30.5
per cubic metre on the back of strong demand. All indications are that log
prices will hold on to the gains made through the second quarter.
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
-
Movingui
206
190
162
Fromager/Ceiba
114 114
-
Iroko
319
309
211
Limba/Frake
137 114
99
Moabi
221 198
-
Padouk
206 206
-
Sapelli
259 244
206
Sipo/Utile
274
259
-
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
Average
Euro1986
Euro2020
Grade
2
Average
Euro1644
Euro1662
Grade
3
Average
Euro700
Euro600
Grade
4
Average
Euro973
Euro987
Assorted
Euro605
Euro614
Domestic
Log Prices
Brazil
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$85-95
Core
logs
US$60-70
Sawlogs(Meranti)
US$90-95
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
Peru
In Loreto NE Peru, the timber industry is working hard to introduce new
species such as Capirona (Calycophylum
spruceanum), Requia (Guarea guidonia), Marupa (Simarouba amara) and
Panguana (Brosimum utile) into the international market. The industry in
the area has also invested in production plants for added value products
such as furniture, furniture blanks, finger jointed boards, mouldings,
decking and wood flooring. In parallel with these developments Loreto's KD
capacity has expanded and this area is said to have the largest KD
capacity in the country.
While
the industry claims to have taken the initiative, many in the trade are
frustrated at the slow pace of government support for the further
development of the timber sector in the area.
At
the moment there are severe infrastructure handicaps, especially related
to the shipping opportunities and port facilities. At the moment
shipments, which travel down the Amazon through Brazil, can only be made
every two months to the USA and Mexico and if a company tries to export to
Asia or the EU the shipping costs are very high because transshipments is
necessary. The trade is also
calling for assistance in developing its market information capacity and
for help in market promotion.
Local
analysts comment that, considering the potential of Loreto, support to the
timber sector in the area would yield significant benefits.
International
Sawnwood
Francophone
West Africa
Sawnwood
prices have not followed the increases seen in log prices largely because
as local production is adequate for the current demand. The sawmills in
the region are said to be busy and report good business.
Exporters
are speculating that China will soon increase imports of sawnwood and that
this will help firm up prices for the major red species. Currently the
strongest demand is for the secondary timbers but having said that African
Mahogany and Sapele are in favour.
In
Cameroon, veneer and plywood mills are facing very high taxes and some are
reported to be considering closing or moving operations, infact one mill
has transferred production to Gabon
One
or two sawmills also are reducing production and one mill will,
apparently, be closing down. Through
out the region manufacturers continue to complain about the many new and
increased taxes.
FOB
per Cu.m
Okoume
Euro
FAS
GMS
266
Standard
and Better 251
FAS
Fixed Sizes
297
Sipo
FAS
Standard Sizes
640
FAS
Fixed Sizes
670
Sapelli
FAS
487
Dibtou
FAS
Standard Sizes
381
FAS
Fixed Sizes
412
Iroko
FAS
GMS
548
Scantlings
487
Strips
274
Khaya
FAS
GMS
398
Brazil
FOB
Belem/Paranagua Ports
Export
Sawnwood per Cu.m
Mahogany
KD FAS FOB
UK
market
no trade
Jatoba
Green (dressed)
US$535
Cambara
KD
US$445
Asian
Market(green)
Guaruba
US$245
Angelim pedra US$270
Mandioqueira
US$185
Pine
(AD)
US$125
Malaysia
Sawn
Timber
Export(FOB)
per Cu.m
White
Meranti A & Up US$295-305
Seraya
Scantlings
(75x125 KD) US$540-550
Sepetir
Boards
US$175-185
K.Sesendok
25,50mm
US$305-315
Ghana
FOB
Euro per Cu.m
Afromosia
855
Asanfina
480
Ceiba
180
Dahoma
300
Edinam
360
Khaya
480
Makore
449
Odum
580
Sapele
480
Wawa
300
Peru
For
US Market
per Cu.m
Mahogany
1C&B, KD 16%
Central
American market US$1170-1200
Mahogany
1C&B, KD 16%
US
market US$1200-1230
Spanish
Cedar No.1 C&B,
KD
16%, Central Am. Market US$615-630
Walnut
1" Thickness,
6'
- 11' length
US$625-660
Spanish
cedar # 1 C&B,
KD
16% Mexican market US$625-635
Pumaquiro
25-50mm AD
Mexican
market US$460-490
Virola
1" to 1 1/2
Thickness,
6' - 8'
length,
KD
US$400-430
Lagarto
2" Thickness,
6'
- 8' length US$345-365
Ishpingo
2"
Thickness
6' - 8' length
US$365-385
Domestic
Sawnwood Prices
Report
from Brazil
Sawnwood
(Green ex-mill)
Northern
Mills per Cu.m
Mahogany
No sales
Ipe
US$282
Southern
Mills per Cu.m
Eucalyptus
AD US$105
Pine
(KD) First Grade
US$134
Report from Indonesia
Sawn timber, ex-mill
Domestic construction material
Kampar
per Cu.m
AD
3x12-15x400cm
US$200-210
KD
US$280-290
AD
3x20x400cm
US$305-315
KD
US$320-330
Keruing
AD
3x12-15cmx400
US$225-230
AD
2x20cmx400
US$220-225
AD
3x30cmx400
US$230-235
Malaysia
Sawnwood
per Cu.m
Balau(25&50mm,100mm+)
US$215-225
Kempas50mm
by
(75,100&125mm) US$165-175
Rubberwood
25x75x660mm
up US$220-230
50-75mm
Sq.
US$235-240
100mm
sq.
US$245-255
Ghana
Sawnwood
per Cu.m
Wawa
25x300x4.2m US$63
Emeri
25x300x4.2m US$70
Ceiba
25x300x4.2m US$53
Dahoma
50x150x4.2m US$113
Redwood
50x50x4.2m US$94
Ofram
50x50x4.4m
US$73
Peru
per Cu.m
Mahogany
US$1490-1500
Virola
US$183-198
Spanish
Cedar US$620-630
Catahua
US$174-180
Tornillo
US$352-360
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