|
1.
International Log Prices
FRANCOPHONE
WEST AFRICA
Trade remains slow in Europe
Log prices are unchanged. There is pressure from China to hold prices
even though Asian log prices continue to firm due to shortages. Trade
remains quite slow in Europe and buyers are reluctant to accept price
increases for West African timbers,though, according to some traders, they
seem to be more flexible with price rises from Asia.
| W.Africa log |
Euro Per m3 |
| ¡¡ |
LM
B
BC/C |
| Afromosia/Assam¨¦la |
381
351 - |
| Acajou/N'Gollon |
206
190 - |
| Ayous/Ob¨¦ch¨¦ |
206
191 145 |
| Azobe |
183
167 152 |
| Bibolo/Dib¨¦tou |
152
114 - |
| Movingui |
190
175 152 |
| Fromager/Ceiba |
114
114 99 |
| Iroko |
289
274 259 |
| Limba/Frak¨¦ |
137
114 99 |
| Moabi |
244
221
206 |
| Padouk |
206
206
167 |
| Sapelli |
213
198
175 |
| Sipo/Utile |
274
259
229 |
| Tali |
144
130
91 |
| Doussie |
457
396
274 |
|
| Gabon Okoum¨¦, FOB |
US$ Per m3 |
| Grade |
¡¡ |
| QS |
176 |
| CI |
150 |
| CE |
122 |
| CS |
74 |
|
-------------------------------------------------------------------- |
| Okoum¨¦
for China |
US$ per m3 |
| Grade |
(Free alongside
ship) |
| 40%
CI, 40% CE, 20% CS |
200 |
|
Iroko
and sapelli remain very weak and the trend seems to point to lower prices by
the end of this month. Demand from India, mostly for logs, and from South
Africa for sawn lumber continue to be strong. Some South African major users
keep turning over to okume lumber and away from the comparatively more
expensive Malaysian meranti/serayah type light red timbers.
Some analysts believe okume is a good alternative to lighter coloured red
species from Malaysia. It is cheaper and easy to work and has consistent
colour. Producers in Gabon report heavy and persistent rains which are
causing problems but so far this has not affected deliveries and contracts
are being fulfilled on time.
MALAYSIA
|
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
|
Development
of forest plantation areas
Prices for most wood products have eased somewhat after the Ramadan
break. However, demand for logs remains unabated in the continuing
rainy season. The demand for logs in Peninsular Malaysia has prompted the
forestry department to open up 350,000 hectares for the development of
forest plantations over a period of 15 years. This measure is to address the
depletion of timber resources needed to meet the exports of timber products,
which contributed RM 19.7 billion to the country¡¯s economy in 2004. The
Malaysian government is also formulating a National Forest Plantations
Development Policy to encourage private sector participation and investments
in forest plantation projects.
MYANMAR
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.
The
table below shows MTE listed prices for other important hardwood species.
Prices vary according to production area. The availability of pyinkado and
kanyin was rated as ¡°abundant¡±.
| Myanmar logs, FOB |
US$ per Hoppus Ton |
| |
¡¡ |
| Padauk 2nd,3rd,4th
grades |
1400, 1200, 1000 |
| Pyinkado |
380-400 |
| Kanyin |
285-310 |
| Taukkyant |
250 |
|
¡¡
PAPUA
NEW GUINEA
China
remains the largest log export destination Log exports from PNG amounted to
243,365 m3 (US$14.89 million) in August, bringing log exports to 1.47
million m3 (US$88.8 million) in the January-August 2005 period. Saw/veneer
grades accounted for 85% of the log exports. China remains, by far, the la
rgest export destination, followed by Japan and Korea. In plantation
species, kamarere remains the main export species primarily to the markets
of China, Japan, Vietnam and korea
|
Saw/veneer log grade
|
US$ Avg FOB per m3
|
|
Malas
Calophyllum (bintangor)
Taun
Terminalia
Pencil Cedar
PNG Mersawa
Red Canarium
Erima
Dillenia
Burckella
Kwila
|
|
August September
60 59
78
75
73
73
60 61
74 78
78 83
60 61
57 60
59 59
62 62
106 109 |
|
Plantation kamarere logs
|
US$ Avg FOB per m3
|
|
Diameter
60+cm
50-59cm
40-49cm
30-39cm
20-29cm
|
|
August September
67 68
58 59
55 53
50 48
41 40 |
2.
Domestic
Log Prices
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
|
PENINSULAR
MALAYSIA
|
Logs
Domestic (SQ ex-log yard)
DR Meranti
Balau
Merbau
Rubberwood
Keruing
|
US$ per m3
245-255
190-195
305-315
95-105
185-195
|
INDONESIA
|
Domestic
Log
Prices
Plywood
Logs
Face Logs
Core Logs
Sawlogs (Meranti)
Falcata logs
Rubberwood
Pine
Mahoni
|
US$ per m3
160 -- 170
90 -- 100
160 -- 170
100
-- 110
110 -- 120
120
-- 130
520 -- 540
|
BRAZIL
|
Brazilian logs at mill yard
Mahogany 1st Grade
Ip¨º
Jatoba
Guaruba
Mescla (white virola)
|
US$ per m3
No sales
100
70
48
53
|
3.
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
|
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
|
MALAYSIA
|
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
Indonesia
considering listing merbau in CITES
Indonesia informed the International Tropical Timber Council (ITTC) last
week that it is currently in consultations with range States in Southeast
Asia to consider the inclusion of merbau (species Intsia bijuga and
Intsia palembanica) in CITES¡¯ Appendix III with annotation No.5.
Appendix III listing means that Indonesia would have to provide export
permits for merbau while other range states that did not list their
populations would have to issue certificates of origin for exports.
Annotation No.5 designates that the listing would cover log, sawnwood and
veneer exports. Indonesia has indicated that this is to assist the country
in controlling the sustainability of merbau and the trade of such species
from Indonesia¡¯s Papua province.
Merbau is a popular timber for joinery applications in Europe particularly
in Belgium and the Netherlands. Its grain and growth ring figure together
with its dark red-brown colour gives it a very attractive appearance which
is suitable for high class joinery including door and window frames and
facades. The timber is also used for interior panelling, strip and parquet
flooring and other decorative uses.
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
|
PERU
Proposal
to ban mahogany logging
Congresswoman Susana
Higushi presented to the Peruvian Congress a proposal to amend the
current Forest Law 27308. The purpose is to include article 12-A
¡°Banning of mahogany logging¡±. The proposal caused bitter reactions in
Peruvian timberindustry associations, which felt that it demonstrated
unawareness and improvisation by some congress members.
Timber associations of Loreto, Ucayali,
Satipo,Madre de Dios and San Mart¨ªn (Peru¡¯s main timber
production zones) indicated that the approval of the amended law would go
against the basic principles of the Forest Law 27308, which is the basis for
the preservation of timber species through the elaboration and execution of
Forest Management Plans currently being implemented by forest
concessionaries and companies.
|
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
|
4.
Domestic
Sawnwood Prices
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
|
MALAYSIA
Supply
of rubberwood getting tighter
Overall
prices remain quite steady, except
rubberwood, and most mills are returning to normal working condition after
the Ramadan break. The supply of rubberwood is getting slightly tighter and
overall there was a price increase of about 5-10%, depending on the
locations. There were reports of declines in the rubberwood replanting rate
during the last replanting period.
|
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
195-205
215-220
240-245
|
INDONESIA
Sawn
timber, ex-mill; Domestic construction material
|
Kampar
AD
3x12-15x400cm
KD
AD
3x20x400cm
KD
Keruing
AD 3x12-15x400cm
AD 2x20x400cm.
AD 3x30x400cm
|
US$ per m3
195-205
285-295
305-315
325-335
225-235
215-225
225-235
|
BRAZIL
|
Brazil Sawnwood (Green ex-mill)
Northern
Mills
Mahogany
Ip¨¦
Jatoba
Southern
Mills
Eucalyptus (AD)
Pine (KD) 1st Grad
|
US$ per m3
No sales
467
355
143
193
|
PERU
|
Peru
sawnwood domestic
Mahogany
Virola
Spanish Cedar
Catahua
Tornillo
|
US$ per m3
1458-1467
179-193
607-617
171-176
344-352
|
¡¡
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