International Furniture and Components Market and Prices Index

International Furniture Prices

1-15th November 2005

Furniture and Parts

MALAYSIA

Proposal to limit furniture trade shows

The Malaysian Cabinet have accepted a proposal by the Ministry of Plantation Industries and Commodities in July, to limit the number of furniture trade shows in the country to just one per year, beginning from 2006. Objections are now being raised by small and medium manufacturers which make up 80% of the country’s furniture manufacturers. Concerns raised include the possibility of high participation fees being imposed by the organizers. The trade shows are critical to the manufacturers as they serve as trading floors by which the bulk of contracts are deliberated and executed. However, business rivalries and the lack of leadership within the private and public sectors contributed to a host of competing trade shows.

Rubberwood FOB

Semi-finished Dining table solid laminated top 2.5' x 4' with extension leaf

As above, Oak Veneer

Windsor Chair

Colonial Chair

Queen Anne Chair (soft seat)

without arm

with arm

Chair Seat 27x430x500mm

US$ per piece

19-20.5

29-30.5

8-9

11-12

14.5-15

18-19

2.05-2.10

Rubberwood Tabletop

22x760x1220mm sanded & edge profiled

Top Grade

Standard

US$ per m³

520-525

480-485

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

Source: ITTO' Tropical Timber Market Report