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Japan Wood Products Prices

16-30th September 2011


Japan Wood Products Prices

Dollar Exchange Rates of  30th September 2011

Japan Yen 77.04

Reports From Japan



   Structural plywood prices undergo correction
Prices for imported structural panels have dropped sharply
in Japan reports the Japan Lumber Reports (JLR). In the
Tokyo area concrete formboard prices currently vary so
much that it is hard to pinpoint an average.

JAS 3x6 concrete formboard panel prices in the Tokyo
area are Yen 1,040 per sheet delivered, Yen 60-70 down
from levels in August.

Prices for concrete formboard for coating are Yen 1, 140,
Yen 60 down on last month. The JLR is reporting that
there is a price difference of Yen 150 per sheet on concrete
formboard for coating between the present wholesale price
and the price of recently landed stocks.

Structural panel prices vary by source, species and type of
adhesive. Twelve (12mm) imported panel (special
type/F4 star) prices range from Yen 970 to Yen 1,100 per
sheet while 9mm panels are selling at Yen 900-930 per
sheet.

Indonesian floor base panel prices are now US$830 per
cu.m FOB, US$20 down from August, says the JLR.

Thin 2.4 mm panel (type 2/F4 star) prices are US$940-950
FOB, US$10-20 down on levels in August. The volumes
on offer from Indonesia are limited because of a shortage
of good quality logs and Indonesian mills are, according to
the JLR, holding orders for about a months’ supply so that
any decline in prices of Indonesian products is unlikely.

House eco-point scheme to be reinstated
The JLR is reporting that the Japanese government will
restart the ‘eco point system’ for new homes that are built.
The previous scheme, which helped spur housing starts
ended in July.

This is an incentive system to get home buyers build
‘environmentally friendly’ houses.

The total budget for the new scheme has not been
disclosed but when the scheme started in 2009 the amount
made available was Yen 100 billion. The government’s
intention is to boost housing starts and stimulate the use
of energy saving system for new homes.

APEC forestry ministers agree 15 point agenda for green growth
The first meeting of the Asia Pacific Economic
Cooperation (APEC) ministers responsible for forestry
was held recently in China. Twenty one countries
participated and adopted a fifteen point statement for
green growth and sustainable development.

The main points of agreement according to the JLR were
in relation to:

• maintaining the political commitment to
  sustainable forest management, forest
  conservation and forest restoration.

• strengthening cooperation among APEC
  countries and areas of forest management and
  policies.

• achieving targets on expanding forest areas,
  improving the quality of the forest cover, and
  adopting measures to achieve sustainable social,
  environmental and economic goals.

• exchanging information on natural disasters
which can be prevented and alleviated by forestry.

Reconstruction budget includes promoting domestic
timber resources

Japan’s Ministry of Agriculture, Forestry and Fisheries
has released some details of measures included by this
ministry in the third supplementary budget in relation to
rehabilitation of the East Japan earthquake.

Major points include provisions to ensure a stable supply
mechanism to facilitate utilisation of domestic wood
resources and wood products from domestic
manufacturers for restoration work in the quake hit areas.

Provision is also made for funds to introduce biomass
utilisation facilities to dispose of the approximately six
million tonnes of wood debris from destroyed buildings
and forests.

Related News:


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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