|
International Log Prices
MALAYSIA
Malaysia
might import Siberian logs
Large diameter logs are in short supply in Malaysia. There are unconfirmed
reports of plans to import logs from Siberia via mainland China and Myanmar.
|
Sarawak
log FOB prices
Meranti
SQ up
Small
Super small
Keruing
SQ up
Small
Super small
Kapur
SQ up
Selangan
Batu SQ up
|
US$
per m3
215-220
185-190
155-160
185-195
155-165
115-125
170-175
190-195
|
FRANCOPHONE
WEST AFRICA
|
W.Africa
log FOB
|
Euro
per m3
|
|
Afromosia/Assam¨¦la
Acajou/N'Gollon
Ayous/Ob¨¦ch¨¦
Azobe
Bibolo/Dib¨¦tou
Movingui
Fromager/Ceiba
Iroko
Limba/Frak¨¦
Moabi
Padouk
Sapelli
Sipo/Utile
Tali
Doussie
|
LM
381
206
206
183
152
190
114
289
137
244
206
213
274
144
457
|
B
351
190
191
167
114
175
114
274
114
221
206
198
259
130
396
|
BC/C
-
-
145
152
-
152
99
259
99
206
167
175
229
91
274
|
Prices
largely unchanged
Prices
for francophone African species remained largely unchanged. However, prices
of redwoods tend to ease for the French market. Buyers for that market are
beginning to insist on lower offer prices for the main species, moabi, douka
and sipo, covering both logs and lumber. Gabon exporters say this is
due to lower prices asked by Cameroonian shippers. Although the price
difference has not affected other countries, it has caused a slight
weakening of the overall market outlook. Presently, this might amount to
only euro 3‑5 m3 for a few species which are popular
in France. However, exporters do not expect any fall in general price
levels.
Prices
for China remain unchanged amid very active trade. Demand from India
continues to strengthen with prices remaining firm.
|
Gabon
Okoum¨¦, FOB
Grade
CI
CE
CS
QS
|
US$
per m3
150
122
94
176
|
|
Okoum¨¦
for China
Grade
40%
CI, 40% CE, 20% CS
|
US$
per m3
(Free
alongside ship)
200
|
MYANMAR
|
Teak
Logs, FOB
Average
prices
|
Euro
per Hoppus Ton
(traded
volume)
|
|
Veneer
Quality
2nd
Quality
3rd
Quality
4th
Quality
Sawing
Quality
Grade
1 (SG-1)
Grade
2 (SG-2)
Grade
3 (SG-3)
Grade
4 (SG-4)
Assorted
Domestic
|
August
3852
(4
tons)
3380
(13
tons)
3234
(50
tons)
1898
(39
tons)
1572
(55
tons)
-
-
1136
(968
tons)
895
(383
tons)
708
(1130
tons)
|
September
3866
(8
tons)
3386
(7
tons)
3256
(49
tons)
1959
(100
tons)
1558
(232
tons)
1030
(29
tons)
1156
(770
tons)
901
(406
tons)
731
(904
tons)
|
Hoppus
ton = 1.8 m3; All grades, except SG-3, assorted and domestic, are
length 8¡¯ x girth 5¡¯ and up. SG-3 is girth 4¡¯ and up while assorted
and domestic are girth 4¡¯ and up. SG-3 grade is higher than SG-4, but
smaller in girth so prices are usually lower.
Trucking
season begins in November
The
quantity of teak sold in the September tender was about the same as in
previous months. Prices were stable or rising due mainly to the log supply
situation in both the local cutting and export sectors. The trucking season
in Myanmar generally starts in November at the onset of the dry season. Log
supply becomes more abundant when trucking in forest roads become easier.
Heavy rains from late May to late October hamper the trucking of logs out of
the forest.
Tender prices are in the interest of all buyers, old and newcomers. But the
present trend is to purchase from the Myanmar Timber Enterprise (MTE) in
lots between 25 and 50 hoppus tons each from tenders and sealed
tenders (and from direct sales too). Main buyers sometimes make
re-selection, re-selling better logs at higher prices and poorer logs at lower prices.
PAPUA
NEW GUINEA
|
Saw/veneer
log grade
|
US$
Avg FOB per m3
|
|
Malas
Calophyllum
(bintangor)
Taun
Terminalia
Pencil
Cedar
PNG
Mersawa
Red
Canarium
Erima
Dillenia
Burckella
Kwila
|
|
July
60
72È
68È
60È
73È
84
60
58
58Ç
60È
116Ç
|
|
Plantation
kamarere logs
|
US$
Avg FOB per m3
|
|
Diameter
60+cm
50-59cm
40-49cm
30-39cm
20-29cm
|
|
July
70È
62È
55È
52È
41Ç
|
Domestic
Log Prices
BRAZIL
|
Brazilian
logs at mill yard
Mahogany
1st Grade
Ip¨º
Jatoba
Guaruba
Mescla
(white virola)
|
US$
per m3
No
sales
98
69
48
52
|
PENINSULAR
MALAYSIA
|
Logs
Domestic
(SQ ex-log yard)
DR
Meranti
Balau
Merbau
Rubberwood
Keruing
|
US$
per m3
245-255
190-195
305-315
95-100
185-195
|
GHANA
|
Ghana
logs, domestic
Wawa
Odum
Ceiba
Chenchen
Mahogany
(Veneer Qual.)
Sapele
Makore
(Veneer Qual.)
|
US$
per m3
36-44
89-175
31-53
44-88
40-91
55-154
55-154
|
International
Sawnwood Prices
FRANCOPHONE
WEST AFRICA
|
W.Africa
sawnwood FOB
Okoum¨¦
FAS GMS
St. & Bet. GMS Italy
St. & Bet. fixed sizes
Sipo
FAS GMS
FAS fixed sizes
Sapelli
Fixed sizes
FAS scantlings
Dibetou
FAS standard sizes
FAS fixed sizes
Iroko
FAS GMS
Scantlings
Strips
Khaya
FAS GMS
|
Euro
per m3
285
270
-
427
519
519
-
-
-
549
549
381
366
|
BRAZIL
|
FOB
Belem/Paranagua Ports
Export
Sawnwood
Mahogany
KD FAS FOB
(UK market)
Jatoba
Green (dressed)
Cambara
KD
Asian
Market (green)
Guaruba
Angelim pedra
Mandioqueira
Pine
(AD)
|
US$
per m3
no
trade
600
460
260
270
230
135
|
MALAYSIA
Ramadan slowing down supply to sawmills
During
the coming weeks, the tight supply of logs will be exacerbated by a
reduction of harvesting activities as a result of the feasting month of
Ramadan in October. This in turn is affecting production in domestic
sawmills.
|
Malaysia
Sawnwood, FOB
White
Meranti A & up
Seraya
Scantlings (75x125 KD)
Sepetir
Boards
Sesendok
25,50mm
Kembang
Semangkok
|
US$
per m3
355-360
650-655
235-240
335-340
375-380
|
INDONESIA
Expiring licences hampering sawn production
Indonesian
sawnwood production is being currently affected by the Ramadan season, which
is slowing production activities (see Malaysia above), and expiring export
licences. EUWID has reported that expiring export licences of several
sawmills and the bureaucratic delay in the issuing of new licences are
further hampering the normal function of the domestic sawmill industry.
GHANA
Air-dry
FAS 25-100mm x 150mm and up x 2.4m and up.
|
Ghana
FOB
Afromosia
Asanfina
Ceiba
Dahoma
Emeri
Edinam
Khaya
Makore
Niangon
Odum
Sapele
Wawa
1C & Sel.
|
Euro
per m3
855
480
205
302
350
370
614
470
540
665
490
240
|
PERU
INRENA coordinates mahogany mobilization
Following
the establishment of the annual mahogany export quota (23,621 m3
for 2005), INRENA authorities divided the quota in four headings with
corresponding sub‑quota levels. The quota of the first heading (total
of the timber authorized and transported) had reached its limit (19,756 m3)
by 23 August 2005, causing problems to forest concessionaries and exporters
in terms of shipment delays and non‑compliance of contract
obligations.
INRENA
has agreed with the Peruvian timber industry that all mahogany export
requests from forest concessions with approved forest management plans will
be attended to and divided among headings 2-4 in order to allow the shipment
of the wood and avoid further economic damages. However, the remaining quota
volume is only 3,574 m3 excluding amounts already exported
under headings 2-4.
Forest concession contracts rescinded
INRENA
rescinded forest concession contracts signed with the timber companies
¡°Industrial Maderera Ruiz S.R.L.¡± and ¡°Maderera Ecoforestal Bajo
Puquiri S.A.C. (MADECOBP)¡± after illegal activities were detected. The
companies could not justify the logging and mobilization of 237 m3
(US$ 158,900) and 88 m3 (US$ 59,132), respectively, of mahogany
in non-authorized areas.
Congress
approves environment law
On
13 October, the Peruvian Congress approved the ¡°General Law of the
Environment¡±, which establishes the basic standards and principles for
protecting and securing a healthy environment that permit the improvement of
the quality of life of the Peruvian population.
The
Congress agreed to withdraw Article 147 ¡°Charge of Prove¡± which requires
that a defendant must prove a non-contaminative behaviour or process.
Walter Alejos, president of the Environment Commission of the
Congress, regretted the withdrawal of the ¡°Precaution Principle¡± article
which enabled the national authority to take necessary measures to prevent
damages to an endangered environment or where the presumption of
irreversible damage to the environment existed.
|
Peru
Sawnwood, FOB
Mahogany
1C&B, KD 16%
Central American market
US market
Spanish
Cedar 1C&B, KD 16%
Central American market
Mexican market
Walnut
1" thick, 6'-11' length
US market
Pumaquiro
25-50mm AD
Mexican market
Virola
1-2" thick, length 6'-8'
KD
Grade 1, Mexican market
Grade 2, Mexican market
Lagarto
2" thick, 6'-8' length
Spanish market
Cumaru
4" thick, 6¡¯-11¡¯ length KD
Central American market
Ishpingo
(oak) 2" thick, 6'-8' length
Spanish market
|
US$
per m3
1350-1400
1580-1620
690-710
700-720
640-660
460-490
270-300
210-225
320-340
760-790
355-365
|
The
Central Bank intervenes to hold the New Sol
The
Central Reserve Bank of Peru (BCR) intervened, for the first time since
September 2002, to reduce the price increase of the US dollar price and the
market volatility. On 12 October, the BCR sold US$22 million, lifting the
currency to 3.39 Nuevos Soles per dollar, up from 3.41 Nuevos Soles per
dollar days earlier.
In
spite of the currency weakening, the Minister of Economy, Fernando Zavala,
indicated that this would not affect the national 2006 budget as this was a
temporary phenomenon. Minister Zavala added that the national economy would
not be affected, considering the improvement of the exchange rate and the
surplus in the trade balance. He mentioned that an export increase to US$16
billion and a trade surplus of US$4 billion were expected by the end of
2005.
Domestic
Sawnwood Prices
BRAZIL
|
Brazil
Sawnwood (Green ex‑mill)
Northern
Mills
Mahogany
Ip¨¦
Jatoba
Southern
Mills
Eucalyptus (AD)
Pine (KD) 1st Grad
|
US$
per m3
No
sales
462
347
141
191
|
MALAYSIA
|
Malaysian
Sawnwood
Balau
(25&50mm,100mm+)
Merbau
Kempas
50mmx(75,100 & 125mm)
Rubberwood
25x75x660mm up
50-75mm Sq.
>75mm Sq.
|
US$
per m3
285-295
495-500
215-220
190-200
210-220
240-245
|
GHANA
|
Ghana
Sawnwood
Wawa
25x300x4.2m
Emeri
25x300x4.2m
Ceiba
25x300x4.2m
Dahoma
50x150x4.2m
Redwood
50x75x4.2m
Ofram
25x225x4.2m
|
US$
per m3
108
260
106
138
122
136
|
PERU
|
Mahogany
Virola
Spanish
Cedar
Catahua
Tornillo
|
US$
per m3
1441-1450
177-191
600-610
169-174
340-348
|
¡¡
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