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International Log
Prices
Sarawak Log Prices
FOB
per Cu.m
Meranti
SQ up US$155-165
small
US$125-135
super small
US$95-108
Keruing
SQ up US$140-145
small
US$110-115
super small
US$80-85
Kapur
SQ up
US$140-150
Selangan
Batu SQ up
US$140-145
Francophone
West African Log Prices
Sapele
prices have held the higher levels achieved last month and demand reported
as still brisk. But Iroko is
now the star performer, adding euro
15 per cubic metre for LM and B grade and rising euro 31 plus per cubic
metre for BC/C grade logs.
The
increase comes as a result of higher demand, low production and delays in
shipments of the alternative species from Brazil. Analysts expect that
iroko prices will move even higher and say that Portuguese buyers are
already looking for supplies of Izombe
Sipo
remains out of favour and prices reflect the lack of interst by the
market. Prices of other timbers are generally stable and unchanged and no
prices changes are anticipated for the 'others' group over the next month.
The
government of the Cameroon has released the traditional family cutting
rights whereby each family is allowed to cut 100 trees. This has relieved
the previous very difficult log supply situation and, as the dry season
has begun, sawmills busy stocking up.
Sea
freight rates have moved up and are reported at euro 10 per cubic metre up
on last month for Europe. Exporters
are saying the shipping opportunities for the Far East is described as
catastrophic with very limited immediate availability and delays of up to
2 months are being talked about for shipments from Gabon.
Freight rates for the Far East have shot up by a further US$23 - 30
per cubic metre (liner terms) for most logs and are up US$14 per cubic
metre for Okoume logs.
Exporters
report that markets are generally steady and prices broadly stable but say
that Asian buying is slow because of the sea freight difficulties.
FOB
LM B
BC/C
Euro per Cu.m
Afromosia/Assamela
381
350 -
Acajou/N'Gollon
175 152
-
Ayous/Obeche
175 160
106
Azobe
152 145
114
Bibolo/Dibtou
145 106
-
Fromager/Ceiba
114 114
-
Iroko
274 228
160
Limba/Frake
122 107
99
Moabi
221 198
-
Padouk
206 168
-
Sapelli
259 244
206
Sipo/Utile
259 244
-
Tali
144 129
91
Doussie
427 335
274
Gabon
Okoume
Grade
per Cu.m
CI US$150
CE
US$122
CS US$95
QS
US$176
Okoume
for China
40%
CI, 40% CE, 20% CS
US$200 (Free alongside)
Myanmar
Veneer
Quality
FOB per Hoppus Ton
December
January
2nd
Quality
No sale
No sale
3rd
Quality
Euro4114
No sale
4th
Quality
Euro3075
Euro3341
Teak
Logs
Sawing
Quality
per Hoppus Ton
Grade
1
Average
Euro1985
Euro1941
Grade
2
Average
Euro1599
Euro1628
Grade
3
Average
Euro684
Euro618
Grade
4
Average
Euro1027
Euro957
Assorted
Euro675
Euro628
Padauk
No sale
Euro600
Domestic
Log Prices
Brazil
Domestic
prices remain largely unchanged in terms of real but in dollar terms some
have advanced marginally as the dollar has strengthened against the real.
Logs
at mill yard
per Cu.m
Mahogany
Ist Grade No
Sales
Ipe
US$67
Jatoba
US$43
Guaruba
US$28
Mescla(white
virola) US$35
Indonesia
Domestic
log prices per
Cu.m
Plywood
logs
Face
Logs
US$70-80
Core
logs
US$45-60
Sawlogs
(Merantis')
US$80-90
Falkata
logs
US$90-95
Rubberwood
US$60-62
Pine
US$75-80
Mahoni
US$500-515
Peninsula
Malaysia
Logs
Domestic
(SQ ex-log yard) per Cu.m
DR
Meranti US$180-185
Balau
US$165-175
Merbau
US$190-200
Rubberwood
US$65-68
Keruing
US$155-165
Ghana
per Cu.m
Wawa
US$32-38
Odum
US$35-175
Ceiba
US$27-53
Chenchen
US$29-57
Mahogany
(Veneer
Qual.) US$47-160
Sapele
US$47-140
Makore
(Veneer
Qual.) US$47-140
International
Sawnwood
Francophone
West Africa
Sapele
lumber prices still have not moved higher even after the jump in
log prices last month.
Mills
are busy and are anticipating Sapele and Iroko sawnwood prices to increase
in the next few weeks.
FOB
per Cu.m
Okoume
Euro
FAS
GMS
266
Standard
and Better 251
FAS
Fixed Sizes
297
Sipo
FAS
Standard Sizes
640
FAS
Fixed Sizes
670
Sapelli
FAS
487
Dibtou
FAS
Standard Sizes
381
FAS
Fixed Sizes
412
Iroko
FAS
GMS
548
Scantlings
487
Strips
274
Khaya
FAS
GMS
398
Brazil
In
February, most export prices remained stable. Sawnwood and decking were
some of the few exceptions, and prices fell due to poor demand. In the
first month of 2004, total Brazilian sawnwood exports reached US$ 68
million, 45% more than in January 2003 (US$ 47 million).
FOB
Belem/Paranagua Ports
Export
Sawnwood per Cu.m
Mahogany
KD FAS FOB
UK
market
no trade
Jatoba
Green (dressed)
US$530 
Cambara
KD
US$440
Asian
Market(green)
Guaruba
US$243
Angelim pedra US$265
Mandioqueira
US$185
Pine
(AD)
US$125 
Malaysia
Sawn
Timber
Export(FOB)
per Cu.m
White
Meranti A & Up
US$295-305
Seraya
Scantlings
(75x125 KD) US$540-550
Sepetir
Boards
US$175-185
K.Sesendok
25,50mm
US$295-305
Ghana
Export
lumber, Air Dry FOB
FAS
25-100mmx150mm and up 2.4m and up
FOB
Euro per Cu.m
Afromosia
855
Asanfina
480
Ceiba
180
Dahoma
300
Edinam
360
Khaya
480
Makore
449
Odum
580
Sapele
480
Wawa
300
Peru
For
US Market
per Cu.m
Mahogany
1C&B, KD 16%
Central
American market US$1150-1190
Mahogany
1C&B, KD 16%
US
market US$1170-1190
Spanish
Cedar No.1 C&B,
KD
16%,
Central
Am. Market
US$620-640
Walnut
1" Thickness,
6'
- 11' length
US$620-650
Spanish
cedar # 1 C&B,
KD
16%
Mexican
market US$600-625
Pumaquiro
25-50mm AD
Mexican
market US$460-490
Virola
1" to 1 1/2 per Cu.m
Thickness,
6' - 8'
length,
KD
US$400-430
Lagarto
2" Thickness,
6'
- 8' length US$340-355
Ishpingo
2"
Thickness
6' - 8' length
US$365-385
Domestic
Sawnwood Prices
Report
from Brazil
On
the whole, domestic timber market prices remained stable in the period
under review. There was a slight adjustment of the exchange rate which
resulted in an adjustment of local prices in dollar terms, prices in
Brazilian real are basically the same as they were last month.
Analysts
point out that this month's readjustment of COFINS (the Financial
Contribution for Social Security) on imported of goods, resulted in some
wood-based panel price rises of up to 2% in local currency terms because
the cost of imported resin in those products has jumped. Continued impact
of COFINS readjustment will be felt in the coming months.
Sawnwood
(Green ex-mill)
Northern
Mills
per Cu.m
Mahogany
No sales
Ipe
US$278
Jatoba
US$203
Southern
Mills
Eucalyptus
AD
US$103
Pine
(KD) First Grade
US$133
Report
from Indonesia
Sawn
timber, ex-mill
Domestic
construction material
Kampar
per cu.m
AD
3x12-15x400cm
US$200-210
KD
US$280-290
AD
3x20x400cm
US$305-315
KD
US$320-330
Keruing
AD
3x12-15cmx400
US$225-230
AD
2x20cmx400
US$220-225
AD
3x30cmx400
US$230-235
Malaysia
Sawnwood
per Cu.m
Balau(25&50mm,100mm+)
US$215-225
Kempas50mm
by
(75,100&125mm) US$165-175
Rubberwood
25x75x660mm
up US$215-220
50-75mm
Sq.
US$225-235
100mm
sq.
US$235-245
Ghana
Sawnwood
per Cu.m
50x100mm
x 4.8m
Wawa
US$72
Emeri
US$120
Dahoma
US$144
Redwood
US$144
Ofram
US$96
50x75mm
x 4.8m
per Cu.m
Dahoma
US$160
Redwood
US$128
Ofram
US$96
Emeri
US$115
Peru
per Cu.m
Mahogany
US$1485-1490
Virola
US$180-195
Spanish
Cedar US$630
Catahua
US$172-177
Tornillo
US$347-358
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