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International Plywood and Veneer Prices 

1-15th June 2005


International Plywood and Veneer Prices 

Indonesia 

Plywood (export, FOB)

MR,               per Cu.m

Grade BB/CC

2.7mm                  US$380-395 Ý

3mm                     US$355-365

6mm                    US$300-315

 

Brazilian Plywood and Veneer

As result of trade barriers imposed by major importing markets in the past few months, Brazilian exporters are now facing new taxes on plywood exports. For example Brazilian plywood exports to the US now face an 8% import duty and for the European Union, the import duty on Brazilian plywood is 7%.

Although Brazilian plywood is competitively price, plywood exports from Brazil are expected to fall, or at best remain stable, during 2005 as the impact of the import duties is felt.  The extent of the changes in trade will also be affected by the pace at which the Brazilian currency moves against the euro and the dollar.

Brazilian exports of solid wood products totalled USD 1.3 billion in the first four months of 2005, this represents an increase of 18% in comparison with the same period of 2004 (USD 1.1 billion). However plywood exports in April fell both in value and in volume.

Tropical plywood exports contributed USD23.7 million to overall exports of solid wood products in April (64,000 cubic metres) approximately 21% less than exported in April, 2004.

Pine plywood exports were USD36.8 million in April (143,000 cubic metres) a fall of 7.7% in comparison to the same period of 2004.

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                     per Cu.m

9mm C/CC (WBP)          US$230

15mm C/CC (WBP)          US$220

18mm C/CC (WBP)          US$215

 

Malaysian Plywood

MR Grade BB/CC FOB       per Cu.m

2.7mm                  US$390-400 Ý

3mm                     US$360-370 ß

9mm plus              US$325-330

 

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$180

White Virola Core              US$149

 

Plywood

(ex-mill Southern Mill)      

Grade MR                   per Cu.m

4mm White Virola            US$588

15mm     White Virola            US$433

 

Malaysia

Domestic              per Cu.m

3mm                     US$375-390 Ý

12-18mm              US$305-315 Ý

 

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$392

 

Particleboard (ex-factory)

15mm                          US$235

 

Indonesia

Other Panels         per Cu.m

Export Particleboard FOB

9-18mm         US$135-150 ß

Domestic Particleboard

9mm                     US$150-160

12-15mm              US$140-145

18mm                   US$135-140

 

MDF Export (FOB)

12-18mm              US$205-210

MDF Domestic

12-18mm              US$200-215

 

Malaysia

Particleboard (FOB)   

Export                  per Cu.m

12mm & above              US$140-150 ß

Domestic

12mm & above              US$140-155 ß

 

MDF (FOB)         per Cu.m

Export 15-19mm       US$225-235

Domestic Price

12-18mm              US$215-220 ß

 

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$300-310 Ý

Red Meranti Mouldings

11x68/92mm x 7ft up     

Grade A       US$610-620

Grade B       US$520-525 Ý

 

Malaysia

Mouldings (FOB)    per Cu.m

Selagan Batu Decking       US$595-605

Red Meranti Mouldings

11x68/92mm x 7ft up     

Grade A       US$610-620

Grade B       US$525-530

 

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

More Added value production  

Entrepreneurs in Peru are reportedly bringing in new processing plant so as to increase production of higher value products. Analysts say that the industry moves to more processing locally is in part due to the limits on trade in Big leaf mahogany and the necessity to market processed products to adjust marketing away from high priced mahogany sawnwood. Markets in Europe are being courted as Peruvian producers see the market demand for tropical timber is good. 

Analysts see the demand for processing equipment increasing in Peru as more and more companies expand drying and moulding capacity.

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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