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Japan Wood Products Prices
Dollar Exchange Rates of 20th August 2004
Japan Yen 109.27
market for both domestic and imported 12 mm thick plywood, the most
standard item on the market, is reported as dull. Inquiries for imported
tropical hardwood JAS 3x6 concrete formboard
panels, structural panels for sheathing, standard 12 mm panels and
domestic softwood structural panel are weak.
is putting importers in a tough spot since because they are carrying
inventories of high cost panels and cannot pass on the costs to the
prices of plywood from Malaysia are reported as firming while prices from
Indonesia suppliers are said to be weakening. In Malaysia, log production
is recovering but exporters are bullish because mills are said to be
having healthy order book positions.
the other hand despite weak log supply in Indonesia the orders for plywood
from the U.S.A. and from Middle East buyers have weakened so much that
actually panel prices are weakening. Also
contracts for JAS concrete formboard panels from Japan remain
rather low so, overall, export prices are on the weak side.
export prices for Indonesian JAS concrete formboard 3x6 are US$365-370 per
cubic metre C&F, US$10-15 lower than a month ago. The Japan Lumber
Report says that there indications of some offers at US$360.
demand and supply of composite floor
supply and demand in Japan for composite flooring in the first half of
this year was about the same as last year. With an increase in
condominiums starts, consumption of composite flooring
expanded for this sector.
production of composite flooring for the first half was 28,046,000
sq.m out of which standard items such as flooring base covered by
sliced veneer with a thickness less than 1 mm took around 93% of the
market, up just 4.1% on last year.
by use, flooring for direct application without joist was 3,669,000 sq.m,
11.5% more. Flooring for heated floor systems increased 4,213,000 sq.m.
far for the year flooring manufacturers have, according to the Japan
Lumber Report, being able to absorb the higher cost of raw materials such
as plywood and adhesives and have not had to try and pass the increases on
respond consumers' demand to have durable and harder wearing surfaces, the
manufacturers have been modifying the coatings rather than using thicker
large home appliance manufacturers using decorative particleboard for
kitchen cabinets and the major prefabricated house floor sheathing
report that orders for particleboard are steady and analysts say
that this market situation is expected to continue and that there is a
chance of a supply shortage.
Japann Lumber Report says that the most active demand is for double
soundproof flooring. The supply of particleboard has ben affected by the
temporary shutdown of Japan Novopan's Tsukuba plant and by Taihei Kogyo's
prices for particleboard are up as prices for woodchips and other raw
materials have climbed so the manufacturers have raised sales prices by
about 10% since August. Analysts say that it may take a month or so until
this price increase is fully accepted in the market. Domestic production
of particleboard in June was 89,000 cubic metres, 2.8% more than May.
Thin MDF in
trade is reporting that the supply of MDF is getting tight as orders from
building materials manufacturers and household units makers have picked
up. In western Japan, the market for thick MDF is reportedly brisk and
domestic MDF producers are said to be carrying full order books and
delivery dates have been extended. The
same situation exists for thin MDF (2.4 mm and 2.7 mm) in the Tokyo
Western Japan, thick MDF (18 mm and 21 mm) is in short supply and
producers say that there are few mill stocks as the products are shipped
out as soon as they are made. Producers think that this busy situation
will continue throughout the balance of the year
MDF is also reportedly hard to get due to competition from other markets
so importers are struggling to secure stock. In this positive market
situation, both domestic and overseas MDF producers have increased prices
by more than 10% since August. All
say the price increase was
necessary because the costs of adhesives and wood chips are up.
12 mm panel
plywood market in Japan has been very quiet during August as the holidays
become the priority. There has been little active trading in the wholesale
channels and any dealings were apparently limited for short covering of
market for tropical hardwood panels and domestic softwood structural
panels has been dull and the prices have been gradually softening
especially for 12 mm panels such as imported 3x6 concrete formboard. Port
inventories of imported JAS 3x6 concrete formboard are reportedly
market prices are Yen 870-880 yen per sheet delivered for domestically
made softwood structural panel (12 mm thick F 4star type 1), Yen 10-20
lower than a month ago.
structural panels, such as thick 24 mm and 28 mm, continue to move well to
builders and the supply is reportedly on the tight side but prices are
already at their upper limit says the Japan Lumber Report.The for 24 mm F
4star T&G premium grade are Yen 1,950-2,000 and for 28 mm they are are
Yen 2,250-2,300, both are unchanged from last month.
are said to be ample inventories of imported tropical structural panels so
prices are weakening.
Tropical hardwood structural
panels (F4star premium grade) are traded at about Yen 950-980 per
sheet,Yen 30-50 yen lower
than in July. Prices for tropical Standard panels ( 12 mm type 2 second
grade F 3star tm) are reported as down to Yen 820-880.
For more information on the
Japanese market please
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