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Japan Wood Products Prices

01-15th February 2009


Japan Wood Products Prices

Dollar Exchange Rates of  15th Feb. 2009

Japan Yen 91.97

Reports From Japan

MAFF publishes results of timber distribution in Japan
The Ministry of Agriculture, Forestry and Fisheries’
(MAFF) survey of lumber factories, including sawmills,
plywood factories, and laminated lumber factories,
showed the number of factories have fallen since the
survey was last conducted in 2001. According to the
Japan Lumber Journal (JLJ), although the number of
large-scale factories had increased, there were 2,212 less
factories than in 2001. The number of plywood factories
fell by 62 and laminated lumber factories were 294, 7.8%
less than in 2001. Lumber markets have also fallen to 516,
down by 51. Those with sales of less than JPY50 million
increased from 13 to 35. The amount of lumber enterprises
fell to 9,430, 10.9% down from 2001.

End January plywood situation shows little movement
JLJ reported that domestic plywood manufacturers were
decreasing their production of plywood by suspending
operations in factories using an employment subsidy
system. JLJ suggested this was a sign prices had hit new
lows and had spread across the industry. The publication
also reported Japanese manufacturers were switching their
foundation materials from plywood to particleboard and
MDF wood boards. There is fear in the industry that other
manufacturers of wooden construction materials will make
similar changes. It is likely the amount of logs traded in
January and February will be quite low since there is
almost no inventory of logs in the producing regions, with
the potential for a drastic decrease in the future.

KM Hybrid Plantation SDN recognized for SFM results
JLJ noted Sabah Afforestation Co.’s investment in KM
Hybrid Plantation SDN had been recognized by the Sabah
Regional Assembly in Malaysia for its outstanding results
in SFM. Koshii & Co., Ltd. and Asahi Woodtec
Corporation are joint investors in Sabah Afforestation Co.
Sabah Afforestation Co. supports initiatives related to
afforestation, forest expansion and harvesting. KM Hybrid
Plantation SDN has been involved in producing young
Acacia hybrid trees, afforestation and forest expansion in
Sabah.


 


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  Plywood grades. Letter(s) on the left indicate face veneer(s), those on the right backing veneer(s). Veneer grade decreases in order B, BB, C, CC, etc. MBF           1000 Board Feet          
              Plywood   MDF           Medium Density Fibreboard
BF         Board Foot F.CFA         CFA Franc        
Sq.Ft     Square Foot  PHND             Pin hole no defect grade
Hoppus ton     1.8 cubic metres              Price has moved up or down

Source: ITTO'  Tropical Timber Market Report


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