¡¡

To post your company news

  Home:  Global Wood   Industry News & Markets

International Log & Sawnwood Prices

16-31th October 2004


International Log Prices 

Sarawak Log Prices 

FOB                     per Cu.m

Meranti SQ up              US$190-195

        small            US$160-165

        super small       US$130-135

Keruing SQ up              US$170-175

        small            US$140-145

        super small       US$110-115

Kapur SQ up         US$145-150

Selangan Batu SQ up       US$145-150


Francophone West African Log Prices

Some price movements have been observed and these occurred towards the end of the month.

Most was the weakness in Azobe prices which have fallen largely because of the heavy competition from Okan and also Angelem Vermeilho from Brazil which is on offer at significantly lower prices.  Also demand from European buyers is slack, especially for logs, as there are now so few hardwood conversion log mills still working in the Netherlands and Germany especially.   

Ayous/Obeche has seen strong demand and prices are up for all grades, following similar increase last month.  On the other hand prices for Bobolo are down marginally by about Euro 7 per cubic metre while Bubinga prices are up.  

Sapele log and lumber prices are on the weak side due to poor demand and high production.  

Traders in West Africa are saying that they sense that markets are cooling down, especially in Asia.  In previous reports the swings in prices for Okoume were noted as buying for the Chinese market first resisted and then accepted price increases. At the moment the market is swinging the other way and China apparently high stocks of Okoume and other peeler logs so falling demand from buyers for China has pushed down prices. 

India is now a big buyer of African timbers but reports indicate that Indian stocks of their favourite species such as Padouk and Belli are high and buying interest has faded somewhat.  

FOB                     LM  B      BC/C

                          Euro per Cu.m

Afromosia/Assamela       381       350  -

Acajou/N'Gollon     206  191  -

Ayous/Obeche              206       190   160

Azobe                   137        122        114

Bibolo/Dibtou        144        107      -

Movingui        190        175   145

Fromager/Ceiba              114       114  -

Iroko                    351  320       241

Limba/Frake         137  114       99

Moabi                   244  221       206

Padouk                 206  206  -

Sapelli                   229  213       190

Sipo/Utile              274  259  -

Tali                144  129       91

Doussie                457  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

              Sept        Oct

2nd Quality       Euro  4039       Euro 4069

              3 tons              4 tons

3rd Quality       Euro  3785       Euro 3887

              4 tons              10 tons

4th Quality       Euro  3308       Euro 3286

              51 tons        83 tons

 

Sawing Quality       per Hoppus Ton

Grade 1 Av.       Euro  1952       Euro 1915

              252 tons 295 tons

Grade 2 Av.       Euro  1492       Euro 1476

              195 tons 366 tons

Grade 3 Av.       Euro  770       Euro 775

              395 tons 475 tons

Grade 4 Av.       Euro  1040       Euro 935

              513 tons 477 tons

Assorted Av.       Euro  708       Euro 691

              2050 tons tons 2253

Domestic       Euro 546       Euro 533

              492 tons 877 tons

 

 Papua New Guinea  

Saw/veneer grade     

Monthly Average FOB per Cu.m

Malas                   US$61

Calophyllum          US$81

Taun                     US$72

Terminalia             US$61

Pencil Cedar         US$78

PNG Mersawa              US$82

Red Canarium              US$55

Erima                   US$60

Dillenia                 US$58

Burckella              US$62

Kwila                   US$90

 

 Domestic Log Prices  

Brazil 

In October, a slight increase in domestic wood prices was observed. The US Dollar fell slightly against the Real by around 0.34% during the period. The increase in domestic prices was mainly due to the high demand for logs (both pine and tropical) from export-oriented solid wood industries as well the increases in transport costs as a result of higher fuel costs  

Logs at mill yard       per Cu.m

Mahogany Ist Grade     No Sales

Ipe                US$74

Jatoba                   US$46

Guaruba         US$32

Mescla(white virola)     US$39

Plantations out-sourced  

Forest industries, which have traditionally invested in their own forest plantations, have been gradually moving to outsourcing raw materials. This is stimulating small producers to create forest plantations to meet the growing demands of industry.  

It is becoming increasingly difficult to get good land for plantations at reasonable prices because agricultural land prices have risen in recent years to the point were the industry cannot afford to invest.  

According the Ministry of Environment, Brazil needs to plant 600,000 hectares of forests per year, demanding an investment of R$ 900 million to meet industry needs. However, data shows that the area likely to be planted will fall short of the requirements being forecast at around 400,000 hectares this year and perhaps 500,000 hectares in 2005. At this pace of establishment wood imports will be required and could come from Argentina and Uruguay.  

To meet the required plantation area expansion, the Brazilian Association of Plantation Forest Producers (ABRAF) intends to show small rural producers that plantation forests are a good alternative source of income.  

At present only 10% of the 5 million hectares of eucalyptus and pine plantations is from non industry owned plantations. The greatest to expanding small land owners in plantations is said to be the red tape involved and financing difficulties.  

The bureaucracy is created by different legislation that the small producer must follow at municipal, state and federal levels. Even at any one level there may be more than one entity legislating over the matter which can hinder potential growers.  

Lack of adequate financing programmes, say analysts may also be a difficulty to the small producer since costs in the first years are very high and profits come only after seven or eight years. ABRAF apparently has plans to stimulating forest plantation establishment alongside corn or bean cultivation to allow an early generation of income during the growing cycle the  plantation forest.  

Indonesia  

Domestic log prices     per Cu.m

Plywood logs 

 Face Logs           US$90-100

Core logs              US$60-75

Sawlogs(Meranti)       US$105-115

Falkata logs           US$90-95

Rubberwood         US$85-95

Pine               US$95-100

Mahoni                 US$500-515

 

 Peninsula Malaysia  

Logs

Domestic (SQ ex-log yard)  per Cu.m

DR Meranti          US$210-220

Balau                    US$175-180

Merbau                 US$215-225

Rubberwood        US$85-90

Keruing         US$175-185

 

 Ghana  

                                       per Cu.m

Wawa                  US$36-44

Odum                   US$77-175

Ceiba                    US$31-53

Chenchen             US$33-88

Mahogany

(Veneer Qual.)              US$49-176

Sapele                  US$55-154

Makore

(Veneer Qual.)              US$55-154

 

International Sawnwood  

Francophone West Africa 

West African sawnwood prices remain stable. Sapele sawnwood prices remain soft and fierce competition is reported against enquiries for Okoume lumber.  

Some exporters are considering slowing or halting Okoume sawnwood production until prices improve.  Traders are expecting November to be a difficult trading month with a lot of negative sentiment in the market. 

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

The ATIBT has published some brochures on the the African timbers Azob¨¦, Moabi, Ob¨¦ch¨¦, Okoum¨¦ and Sapelli.  

These brochures cover environmental services, services to development and services to final users. 

ATIBT recommends these brochures to any professional using these timbers or any those interested in tropical forestry. The brochures are available in French from the ATIBT secretariat.  

Brazil

FOB Belem/Paranagua Ports

Export Sawnwood        per Cu.m

Mahogany KD FAS FOB

UK market           no trade

Jatoba Green (dressed)US$510

Cambara KD        US$410

Asian Market(green)

 Guaruba       US$240

       Angelim pedra       US$270

        Mandioqueira    US$190

Pine (AD)             US$130

 

Malaysia 

Sawn Timber

Export(FOB)                per Cu.m

White Meranti A & Up   US$325-330

Seraya

Scantlings (75x125 KD)  US$645-655

Sepetir Boards                  US$185-195

K.Sesendok 25,50mm           US$350-360

 

Ghana  

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$1220-1250

Mahogany  1C&B, KD 16%

US market              US$1300-1380

Spanish Cedar No.1 C&B,

KD 16%,

Central Am. Market           US$615-630

Walnut 1" Thickness,

 6' - 11' length                      US$660-700

Spanish cedar # 1 C&B,

KD 16% Mexican market      US$630-650

Pumaquiro 25-50mm AD

Mexican market                      US$460-490

Virola  1" to 2"

Length  6' - 8' KD         US$270-290

Lagarto  2" Thickness,

6' - 8' length                 US$345-365

Ishpingo  2"

Thickness 6' - 8' length            US$365-385


Domestic Sawnwood Prices
 

Report from Brazil 

Sawnwood (Green ex-mill)

Northern Mills              per Cu.m

Mahogany             No sales

Ipe                US$313

Jatoba                   US$225

Southern Mills

Eucalyptus AD              US$109

Pine (KD) First Grade       US$140

 

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$235-245

Kempas50mm by

 (75,100&125mm)       US$185-195

Rubberwood

25x75x660mm up       US$235-240

50-75mm Sq.         US$245-250

>75mm sq.            US$255-265

  

Ghana  

Sawnwood                   per Cu.m

Wawa 25x300x4.2m         US$73

Emeri       25x300x4.2m           US$70

Ceiba 25x300x4.2m         US$53

Dahoma 50x150x4.2m         US$138

Redwood 50x75x4.2m          US$122

Ofram    25x225x4.2m         US$136

  

Peru

                                      per Cu.m

Mahogany             US$1512-1522

Virola                   US$186-200

Spanish Cedar              US$630-640

Catahua         US$177-183

Tornillo          US$357-365

  


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

CopyRight 2004 Global Wood Trade Network. All rights reserved

¡¡