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International Log
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International
Log Prices Sarawak
Log Prices FOB
per Cu.m Meranti
SQ up US$200-205
small
US$170-175
super small
US$140-145 Keruing
SQ up US$170-180
small
US$140-150
super small
US$120-130 Kapur
SQ up
US$155-160 Selangan
Batu SQ up
US$160-165 Francophone
West African Log Prices Markets
have consolidated the price gains achieved in March and are still very
firm. The only exception is
Sapele, where the price for LM grade is down Euro 15 and B grade is down
Euro 7.5 per cubic metre FOB. Otherwise
there were no significant price movements in April. Some exporters in the Central African Republic and Congo
Brazzaville are reported as selling Sipo logs only if buyers will take a
proportion of Sapele. This deal has not, so far, tempted German buyers
though there is now heavy demand for Sipo to replace the best production
and top grade Meranti which is on offer at higher prices and is
increasingly scarce. West
African exporters are closely watching the Asian timber situation where
Indonesia's success in virtually halting the trade in illegally sourced
logs and sawn products is reported to have caused a sudden and substantial
shortage of raw materials in the main producing countries in the region.
This shortage applies to Indonesian mills as well as to others that
had relied on supplies from Indonesian sources. It
is reported that Asian log and lumber prices have firmed quite noticeably,
especially for the higher valued species such as Selangan Batu and Merbau
and there is no doubt of the
impact of the very tight log supply situation. West
African producers report strong demand, especially from buyers for China,
while at the same time tighter harvest restrictions in Congo Brazzaville
and Cameroon continue to reduce the availability of export logs. European
log importers are said to be cautious because of the price escalation and
are holding off purchases from Asia and West Africa, although some
business is being concluded and producers are generally reporting that
price are likely to increase further. New
regulations in the Cameroon requires exporters to present documentation to
prove that all taxes have been paid in full before the export of logs and
lumber will be authorized. The
removal of the previous grace period which allowed a period of credit
before the tax had to be paid is causing cash flow problems for the less
well financed exporters who were able to pay the taxes after receiving
payment from buyers. This
further increase in the financial burden is said to be impacting
production volumes. FOB
LM B
BC/C Euro per Cu.m Afromosia/Assamela
381
350 - Acajou/N'Gollon
206 175
- Ayous/Obeche
206 140
160 Azobe
168 152
137 Bibolo/Dibtou
152 114
- Movingui
190 175
152 Fromager/Ceiba
114 114
- Iroko
351 320
290 Limba/Frake
137 114
99 Moabi
244 221
206 Padouk
206 206
175 Sapelli
214 Sipo/Utile
274 259
229 Tali
144 129
91 Doussie
457 366
274 Gabon
Okoume Grade
per Cu.m CI US$150 CE
US$122 CS US$95 QS
US$176 Okoume
for China per Cu.m 40%
CI, 40% CE, 20% CS
US$200 (Free alongside) Myanmar Teak
Logs Veneer
Quality
FOB per Hoppus Ton
Mar
April 2nd
Quality
Euro 4399
Euro 3731
4 tons
6 tons 3rd
Quality
Euro 3925
Euro 3670
8 tons
12 tons 4th
Quality
Euro 3647
Euro 3069
51 tons
53 tons Sawing
Quality
per Hoppus Ton Grade
1 Av. Euro
2142 Euro
1950
44 tons
23 tons Grade
2 Av. Euro
1543 Euro
1597
190 tons 224 tons Grade
3 Av. Euro
788 Euro
765
98 tons
79 tons Grade
4 Av. Euro
1049 Euro
1103
986 tons 896 tons Assorted
Av. Euro
777 Euro 724
351 tons 178 tons Domestic
Euro 597
Euro 580
650 tons 860 tons Papua
New Guinea Saw/veneer
grade Monthly
Average FOB
per Cu.m
Jan
Feb Malas
US$60
US$60 Calophyllum
US$77
US$74 Taun
US$71
US$75 Terminalia
US$61
US$59 Pencil
Cedar US$77
US$76 PNG
Mersawa
US$86
US$86 Red
Canarium
US$61
US$59 Erima
US$60
US$60 Dillenia
US$57
US$57 Burckella
US$60
US$60 Kwila
US$104
US$76 ß For
the month of February 2005 (latest available data), PNG exported a total
of 196,452 Cu.m of logs with an FOB value of US$11.33 mil. The main
markets were China, Japan, Korea, Taiwan P.o.C and the average price for
PNG logs in February 2005 was US$57.69 per Cu.m. China
was the major market taking 76% of the logs (around 49,700 Cu.m), followed
by Japan taking 14.5% and then Korea taking 7.2%. The
predominant log grade (84%) exported from PNG is saw/veneer grade from
natural forest selective harvesting operations. Of
that log grade, the predominant species exported in ranked by volume are
malas (Homalium spp), calophyllum (Callohyllum spp)taun (Pometia pinnata),
terminalia (Terminalia spp), and dillenia (Dillenai spp). Of the
plantation species exported, Japan and Korea were the major markets for
Kamarere (E deglupta) in February 2005. Domestic
Log Prices Brazil Logs
at mill yard
per Cu.m Mahogany
Ist Grade No
Sales Ipe
US$85 Jatoba
US$53 Guaruba
US$37 Mescla(white
virola) US$44
The
Brazilian Association of Planted Forest Producers (ABRAF) has attempted
raise the government awareness regarding the need to double Brazil's
planted forest area, which currently is at 5.5 million hectares, over the
next 10 years. Planted
forests have been the main source of supply raw material to pulp and
paper, iron and furniture
industries but Brazil currently suffers from shortage of roundwood from
planted forests. In
the of South Brazil the
furniture industry has begun to import pine from Uruguay and Argentina. In
the Southern State of Paran¨¢, pine log shortages are said by local
analysts to be running at about 9 million cubic metres a year, a good
argument for increasing plantations.
In
the State of Minas Gerais, which has the largest eucalyptus plantation
(1.6 million hectares), many are concerned about the deficit. With the
expanded production in the iron industry it will be necessary to increase
the planted area by a minimum 39% in order to fulfill the roundwood
requirement of this sector alone. Indonesia Domestic
log prices per
Cu.m Plywood
logs Face
Logs
US$90-100 Core
logs US$60-75 Sawlogs(Meranti)
US$120-135 Falkata
logs
US$90-95 Rubberwood
US$95-100 Pine
US$95-105 Mahoni
US$500-515 Peninsula
Malaysia Logs Domestic
(SQ ex-log yard) per Cu.m DR
Meranti US$215-220 Balau
US$175-180 Merbau
US$240-250 Rubberwood
US$95-105 Keruing
US$180-185 Ghana
per Cu.m Wawa
US$36-44 Odum
US$77-175 Ceiba
US$31-53 Chenchen
US$33-88 Mahogany
(Veneer
Qual.) US$40-91 Sapele
US$55-154 Makore
(Veneer
Qual.) US$54-154 International
Sawnwood Francophone
West Africa Prices
are again unchanged but very firm and analysts are forecasting a rise
during the next few weeks as the shortage of supply and longer shipping
time from Asia will favour West African mills that can offer a faster
service. Low
production in the region continues to be a problem and European buyers are
tending to buy hand to mouth in smaller volumes and are perhaps being
unsettled by the firmer price trend and the very much higher Asian prices
for favoured species. FOB
per Cu.m Okoume
Euro FAS
GMS
275 Standard
and Better 260 FAS
Fixed Sizes
290 Sipo FAS
Standard Sizes
488 FAS
Fixed Sizes
519 Sapelli
FAS
scantlings
487 Dibtou
FAS
Standard Sizes
381 FAS
Fixed Sizes
412 Iroko FAS
GMS
458 Scantlings
519 Strips
304 Khaya FAS
GMS
366 Brazil Solid
wood prices in Real on the domestic market changed slightly between 1% to
3% as the Real appreciated against US$ by around 4.1%. Prices in US
dollars recorded increases between 4% and 7%. FOB
Belem/Paranagua Ports Export
Sawnwood
per Cu.m Mahogany
KD FAS FOB UK
market
no trade Jatoba
Green (dressed)US$600 Cambara
KD
US$450 Asian
Market(green) Guaruba
US$265 Angelim
pedra US$280 Mandioqueira
US$230 Pine
(AD)
US$135 Prices
of solid wood products for export have been stable over the past two
weeks. Even with a significant devaluation of the US dollar against BRL,
as well as recent taxes increases on exports of Brazilian pine plywood in
Europe and in the US, exports continue to rise. However, particularly in
case of plywood, prices are expected to drop in the short term. In
recent months, exports of solid wood products have broken new records
nearly every, both in volume and in value. In March 2005, this continued.
Exports were once again at new highs. Brazilian
exports of solid wood products were US$355.6 million in March, up 21% in
comparison to March 2004 (US$294.8 million). Exports
of Brazilian tropical sawnwood, rose 18.8% in volume in comparison to
March 2004. In volume and value, exports in March 2005 represented,
respectively, 168,800 cubic metres and US$50.7 million;, compared to
142,100 cubic metres and US$39,4 million exported in March 2004. In
March 2005, Brazil exported US$32.2 million in pine sawnwood,
corresponding to 170,500 cubic metres. In March 2004, pine sawnwood
exports were US$ 23.1 million from 148,000 cubic metres. Exports of pine
sawnwood have increased 15.2% in volume in comparison to the previous
year. Malaysia Sawn
Timber Export(FOB)
per Cu.m White
Meranti A & Up
US$330-340 Seraya Scantlings
(75x125 KD)
US$625-630 Sepetir
Boards
US$185-195 K.Sesendok
25,50mm
US$335-340 Ghana Euro
16.26 mil. was realized from exports of
40,803 cubic metres of wood products in March up almost 13% in value and 7.50% in volume compared to March
2004. In
the first three months of 2005, exports of wood products totalled Euro
40,665,231 from and 104,930 cubic metres a 9.10% in increase in value and
5.29% in volume over the same period last year. Wawa
was the main species exported in Jan-March 2005 and earned Euro 6,692,722
(up16.5%) Europe,
notably countries in the EU continue to be Ghana's major trading partners
for wood products accounting for Euro 23.18million exports for Jan-March
2005. Key markets include Italy, France, Germany, the United Kingdom,
Belgium, Spain, Ireland and Holland.
The
US accounted for 15% of the total export value during Jan-March 2005 as
compared to 14% 2004. This market maintains its dominance as the most
lucrative destination for Ghana's Plywood, Kiln dry Lumber and Rotary Veneer exports.
The ECOWAS countries (mainly Senegal, Nigeria Gambia and Togo) took
63% (Euro 3.81million) of Ghana's trade with African countries Jan-March
2005. Plywood
and Lumber (Air dried) continue to interest the Senegalese and Nigerian
markets. The markets new to Ghana in Asia namely India, Malaysia,
Taiwan P.o.C, China, Singapore, Thailand and Philippines together
contributed Euro 5.90 million (14.51%) to the total of Ghana wood export
value in Jan-March 2005. India
continues to be the leading importer of Ghana's Teak air dry lumber.
The Middle East countries, notably Saudi Arabia, Lebanon, United
Arab Emirate and Israel together imported Euro 1.35 million (3.32%) of the
total export value for 2005. Air-dry FAS 25-100mm x 150mm and
up x 2.4m and up FOB
Euro per Cu.m Afromosia
855 Asanfina
480 Ceiba
180 Dahoma
310 Emeri
350 Edinam
370 Khaya
540 Makore
450 Niangon
490 Odum
630 Sapele
480 Wawa
1C&sel
250 Peru For
US Market
per Cu.m Mahogany
1C&B, KD 16% Central
American market
US$1220-1250 Mahogany
1C&B, KD 16% US
market US$1380-1450 Spanish
Cedar No.1 C&B, KD
16%, Central
Am. Market
US$615-620 Walnut
1" Thickness, 6'
- 11' length
US$640-660 Spanish
cedar # 1 C&B, KD
16% Mexican marketUS$630-660 Pumaquiro
25-50mm AD Mexican
market US$460-490 Virola
Grade 1 1" to 2" Length
6' - 8' KD Mexican
market US$270-290 Virola
Grade 2 1" to 2" Length
6' - 8' KD Mexican
market US$230-250 Lagarto
2" Thickness, 6'
- 8' length US$320-340 Cumaru
4" 6-11ft KD Central
American MarketUS$760-790 Ishpingo
2" Thickness
6' - 8' length
US$355-365 Domestic
Sawnwood Prices Brazil Sawnwood
(Green ex-mill) Northern
Mills
per Cu.m Mahogany
No sales Ipe
US$365 Jatoba
US$263 Southern
Mills Eucalyptus
AD
US$124 Pine
(KD) First Grade
US$163 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$235-245 Merbau
US$435-445 Kempas50mm
by (75,100&125mm) US$195-200 Rubberwood 25x75x660mm
up US$225-230 50-75mm
Sq.
US$235-240 >75mm
sq.
US$255-265 Ghana Sawnwood
per Cu.m Wawa
25x300x4.2m US$73 Emeri
25x300x4.2m US$70 Ceiba
25x300x4.2m US$53 Dahoma
50x150x4.2m US$138 Redwood
50x75x4.2m US$122 Ofram
25x225x4.2m
US$136 Peru
per Cu.m Mahogany
US$1512-1522 Virola
US$186-200 Spanish
Cedar US$630-640 Catahua
US$177-183 Tornillo
US$357-365
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Abbreviations
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Source: ITTO
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CopyRight 2005 Global Wood Trade Network. All
rights reserved
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