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International Plywood and Veneer Prices 

01-15th April 2005


International Plywood and Veneer Prices 

Indonesia

Plywood (export, FOB)

MR,               per Cu.m

Grade BB/CC

2.7mm                  US$360-370

3mm                     US$325-335

6mm                    US$290-300

  

Brazilian Plywood and Veneer

Recently, the IWPA (www.iwpawood.org) notified its members (see below) of changes to the GSP program for plywood products. In particular, a plywood product from Brazil being imported under the HTS code 4412.19.40 (softwood plywood) has received a great deal of attention because it is scheduled to lose its duty-free status on July 2, 2005 for at least one year.  

FOB Belem/Paranagua Ports 

Veneer FOB                per Cu.m

White Virola Face

2.5mm                         US$220

Pine Veneer (C/D)            US$140

 

Plywood FOB                     per Cu.m

White Virola (US Market)

 5.2mm OV2 (MR)             US$360

 15mm BB/CC (MR)             US$305

 

For Caribbean countries

White Virola

4mm                            US$420

12mm                          US$330

 

Pine EU market

9mm C/CC (WBP)          US$250

15mm C/CC (WBP)          US$240

18mm C/CC (WBP)          US$235

 

GSP Plywood 

The IWPA (www.iwpawood.org) has issued a notice drawing attention of the timber trade to the US decision on GSP plywood products that may be subject to a change in duty-free status under the GSP programme. The official Federal Register notice is available at http://a257.g.akamaitech.net/7/257/2422/01jan20051800/edocket.access.gpo.gov/2005/pdf/05-6144.pdf  

The GSP programme provides for the duty-free importation of designated articles when imported from designated beneficiary developing countries. 

Members were informed on September 23, 2004, edition of E-news that this product was in danger of losing its GSP status because of the volume of imports into the United States. The IWPA now confirms that this product has crossed now that threshold.  

As of July 2, 2005, HTS 4412.19.40 will lose its duty free status for at least one year - July 2005 to July 2006.  

The IWPA says it was told by the United States Office of the Trade Representative that Brazil is planning to request a waiver to reinstate benefits. It is unlikely that a waiver will be granted due to volume imported in excess of the two competitive need limitations.* (see background note below) 

Further, the United States is reviewing the GSP status of Brazil itself. The investigation is in response to a petition asking USTR to remove Brazil's GSP benefits because it does not adequately protect intellectual property rights. USTR has formally extended the review of Brazil's GSP status for a second time, until September 30, 2005.  

Note that soon there will be a formal consideration of a petition to reinstate benefits for plywood product 4412.13.40 from Indonesia. 

All determinations and decisions on the GSP program are based on full calendar year 2004 import data with respect to each GSP-eligible article.  

 

Malaysian Plywood 

MR Grade BB/CC FOB   per Cu.m

2.7mm                  US$370-380

3mm                     US$345-350

9mm plus              US$315-325

  

Ghana 

Rotary Veneer       Core              Face      

              1-1.9mm       below 2mm

Euro per Cu.m

Bombax,        325         360

Chenchen,        325         360

Kyere,           325         360

Ofram,           325         360

Ogea,            325         360

Otie,              325         360

Ceiba             270         300

Mahogany       425         460

 

The above prices are for full sized panels, falling sizes minus 15%. 

Core Grade  2mm+     per Cu.m

Ceiba                    US$235

Chenchen,Ogea,Essa       US$295

Ofram,                 US$305

  

Sliced Veneer 

Prices for some species have increased  

                           Euro per Sq.m                    

              Face       Backing

Afromosia       1.19 1.00

Asanfina 1.25       0.80

Avodire  0.92       0.60

Chenchen       0.72 0.50

Mahogany       1.03 0.70

Makore          1.01 0.60

Odum            1.54 0.95

  

Plywood Prices FOB

Redwoods B/BB     

                          Euro per Cu.m

                        WBP             MR

4mm              560         460

6mm              340         310

9mm              315         290

12mm            300         280

15mm            310         285

18mm            300         275

Light Woods B/BB     

              WBP              MR

4mm              500         330

6mm              335         270

9mm              290         255

12mm            270         235

15mm            280         245

18mm            245         235

 

Grade AB/BB would attract a premium of 5%. BB/BB would be 5% less, C/CC would be 10% less and CC/CC would be 15% less.  

Peru 

FOB For Mexican Market   per Cu.m

Copaiba plywood,

two faces sanded,

B/C, 15x4x8mm       US$350-355

Virola plywood,

two faces sanded,

b/c, 5.2mmx4x8        US$395-405

Lupuna plywood, treated,

two faces sanded, for Mexico

5.2mmx4x8           US$345-350

Lupuna plywood, b/c

15mmx4x8            US$325-330

b/c, 9mmx4x8        US$335-340

b/c, 12mmx4x8              US$330-335

c/c 4mmx8x4        US$360-365

 

Veneer Prices 

FOB                    per Cu.m

Lupuna 2.5mm              US$210-215

Lupuna 4.2mm              US$220-235

Lupuna 1.5mm               US$235-240

Domestic Plywood Prices 

Brazil 

Rotary Cut Veneer

(ex-mill Northern Mill)              per Cu.m

White Virola Face              US$158

White Virola Core              US$128

 

Plywood

(ex-mill Southern Mill)      

Grade MR                   per Cu.m

4mm White Virola            US$512

15mm     White Virola            US$370

 

Malaysia

Domestic              per Cu.m

3mm                     US$370-380

12-18mm              US$295-305

 

Indonesia 

Domestic MR plywood

(Jarkarta)              per Cu.m

9mm                     US$280-285

12mm                   US$260-270

15mm                   US$260-275

  

Peru

                                                   per Cu.m

Lupuna Plywood

122 x 244 x 4mm BB/CC       US$461

122 x 244 x 6mm BB/CC       US$451

122 x 244 x 8mm BB/CC       US$438

122 x 244 x 10mm BB/CC       US$424

122 x 244 x 12mm BB/CC       US$430

122 x 244 x 15mm BB/CC       US$426

122 x 244 x 18mm BB/CC       US$491

  

Other Panel Product Prices 

Brazil

FOB Belem/Paranagua Ports

Export Prices

Blockboard 18mm     B/C       per Cu.m

Pine                      US$340

 

Domestic Prices

Ex-mill Southern Region    per Cu.m

Blockboard

15mm White Virola Faced       US$338

 

Particleboard (ex-factory)

15mm                          US$204

 

Indonesia 

Other Panels         per Cu.m

Export Particleboard FOB

9-18mm         US$140-145

 

Domestic Particleboard

9mm                     US$150-160

12-15mm              US$140-145

18mm                   US$135-140

 

MDF Export (FOB)

12-18mm              US$195-205

MDF Domestic

12-18mm              US$200-215

 

Malaysia

Particleboard (FOB)   

Export           per Cu.m

12mm & above              US$140-150

Domestic

12mm & above       US$145-165

 

MDF (FOB)         per Cu.m

Export 15-19mm       US$215-225

Domestic Price

12-18mm              US$205-210

 

Peru

Domestic Particleboard Prices 

Domestic              per Cu.m

1.83m x 2.44m x 4mm       US$293

1.83m x 2.44m x 6mm       US$247

1.83m x 2.44m x 8mm       US$219

1.83m x 2.44m x 9mm       US$227

1.83m x 2.44m x 12mm       US$210

  

Prices of Added Value Products 

Indonesia 

Mouldings             per Cu.m

Laminated Boards          

Falkata wood        US$290-300

Red Meranti Mouldings

11x68/92mm x 7ft up     

Grade A       US$610-620

Grade B       US$515-520

 

Malaysia 

Mouldings (FOB)    per Cu.m

Selagan Batu Decking       US$595-600

Red Meranti Mouldings

11x68/92mm x 7ft up     

Grade A       US$610-620

Grade B       US$515-520

 

Ghana 

Parquet Flooring 1st Grade

10x60x300mm

FOB             Euro per Sq.m

Apa        12.0

Odum            7.8

Hyedua          13.67

Afromosia       13.72

10x65/75mm

Apa        14.47

Odum            10.18

Hyedua          18.22

Afromosia       13.93

14x70mm

Apa        17.00

Odum            11.00

Hyedua          17.82

Afromosia       17.82

10x50mm/77mm

Apa        10.99

Odum            8.50

Hyedua          13.65

Afromosia       12.59

 Grade 2 less 5%, Grade 3 less 10% 

 

Peru 

Strips  for parquet   FOB per Cu.m

Cabre uva KD S4S

Asian Market        US$1000-1050

Cumaru KD, S4S,

(Swedish Market)       US$610-625

Cumaru KD, S4S,

(Asian Market)              US$500-530

Cumaru decking, AD,

S4S E4S USA market       US$620-642

Pumaquiro KD # 1, C&B

(Mexican market)       US$465-480

Quinilla KD 12%, S4S

20mmx100mmx620mm

 (Asian market)              US$530-540

 

Abbreviations

LM       Loyale Merchant, a grade of log parcel  Cu.m         Cubic Metre
QS        Qualite Superieure    Koku         0.278 Cu.m or 120BF
CI          Choix Industriel                                                       FFR           French Franc
CE         Choix Economique                                                        SQ              Sawmill Quality
CS         Choix Supplimentaire      SSQ            Select Sawmill Quality
FOB      Free-on-Board     FAS            Sawnwood Grade First and
KD        Kiln Dry                               Second 
AD        Air Dry        WBP           Water and Boil Proof
Boule    A Log Sawn Through and Through MR              Moisture Resistant
              the boards from one log are bundled                      pc         per piece      
              together                      ea                each      
BB/CC  Grade B faced and Grade C backed MBF           1000 Board Feet          
              Plywood   MDF           Medium Density Fibreboard
BF        Board Foot F.CFA         CFA Franc        
Sq.Ft     Square Foot              Price has moved up or down

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Source: ITTO

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