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International Log & Sawnwood Prices

01-15th April 2005


International Log Prices 

Sarawak Log Prices 

FOB                     per Cu.m

Meranti SQ up              US$200-205

        small            US$170-175

        super small       US$140-145

Keruing SQ up              US$170-180

        small            US$140-150

        super small       US$120-130

Kapur SQ up         US$155-160

Selangan Batu SQ up       US$160-165

 

Francophone West African Log Prices  

FOB                     LM  B      BC/C

                          Euro per Cu.m

Afromosia/Assamela       381       350  -

Acajou/N'Gollon     206  175  -

Ayous/Obeche              206       140  160

Azobe                   168  152       137

Bibolo/Dibtou        152  114  -

Movingui        190  175       152

Fromager/Ceiba              114       114  -

Iroko                    351  320       290

Limba/Frake         137  114       99

Moabi                   244  221       206

Padouk                 206  206       175

Sapelli                   229  206       175

Sipo/Utile              274  259       229

Tali                144  129       91

Doussie                457  366       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 

Teak Logs

Veneer Quality        FOB per Hoppus Ton

              Feb         Mar

2nd Quality       Euro 4321       Euro 4399

              5 tons               4 tons

3rd Quality       Euro 3979       Euro 3925

              10 tons               8 tons

4th Quality       Euro 3677       Euro 3647

              50 tons               51 tons

 

Sawing Quality       per Hoppus Ton

Grade 1 Av.       Euro2150       Euro 2142

              207 tons        44 tons

Grade 2 Av.       Euro 1594       Euro 1543

              357 tons        190 tons

Grade 3 Av.       Euro 777       Euro 788

              272 tons        98  tons

Grade 4 Av.       Euro 1034       Euro 1049

              618 tons        986 tons

Assorted Av.       Euro 584       Euro 777

              861 tons        351 tons

Domestic       Euro 428       Euro 597

              1385 tons        650 tons

 

Papua New Guinea 

Saw/veneer grade       

Monthly Average FOB per Cu.m

                     Dec 04 Jan 2005

Malas                   US$60       US$60

Calophyllum          US$75       US$77

Taun                     US$72       US$71

Terminalia             US$61       US$61

Pencil Cedar         US$73       US$77

PNG Mersawa              US$82       US$86

Red Canarium              US$60       US$61

Erima                   US$58       US$60

Dillenia                 US$59       US$57

Burckella              US$60       US$60

Kwila                   US$96       US$104

 

Domestic Log Prices 

Brazil 

Logs at mill yard       per Cu.m

Mahogany Ist Grade     No Sales

Ipe                US$82

Jatoba                   US$50

Guaruba         US$35

Mescla(white virola)     US$42

  

News from ARPA 

There are currently 42 Conservation Units (UCs) in the Brazilian Amazon, covering around 30.5 million ha of protected forests, according to the Protected Area Program of the Amazon (ARPA). 

ARPA integrates its actions under the supervision of the Directorate of Protected Areas of the Secretary of Biodiversity, Ministry of the Environment (MMA).  

Although in operation since only 2000, in its first 4 years an estimated 18 million ha was protected through UCs, half under full protection and half under sustainable use. However, now a total of 23 UCs have been created, covering 16 million ha.  

ARPA, has the goal of placing under protection 50 million ha in the Amazon region. To reach such a goal will be necessary to care for the UCs, strengthen the 16 million ha of new UCs and create at least additional 19.5 million ha of parks, biological reserves, ecological stations, extractive reserves or sustainable development reserves. According to the organisations plan, this goal should be reached by 2010.. 

Atlantic Rain Forest 

The Ministry of the Environment launched a programme that will disburse Real 48 million for projects related to the recovery and preservation of the Atlantic Rain Forest, cited as the most threatened biome in Brazil.  

Projects will be prepared and implemented by non-governmental organisation, under a possible partnership with universities or public agencies. 

The funds were provided to the MMA by the German government and the MMA and will be used to create federal, State, municipal and private protected areas, establishment of ecological corridors, forest plantation, research and promotion of ecotourism. 

For the release of the funds, two invitations for projects will be made, at national and local/regional levels.  

In addition to national level invitations, other initiatives will be launched including implementation of a participative programme for monitoring the Atlantic Rain Forest; a study on environmental services of the Atlantic Rain Forest and development of innovative financing mechanisms; awareness and mobilisation campaign about the biome preservation; and preparation and implementation of ecological corridor plans in priority areas. 

Beside this project funding line, the MMA is strengthening the protection of the Atlantic rain forest through the Atlantic Rain Forest Project Law and the Public Forest Management Project Law, both under evaluation in the Senate. According to MMA, only 8% of the original Atlantic Rain Forest area remain.

 

Indonesia 

Domestic log prices     per Cu.m

Plywood logs 

 Face Logs           US$90-100

Core logs              US$60-75

Sawlogs(Meranti)       US$120-135

Falkata logs           US$90-95

Rubberwood         US$95-100

Pine               US$95-105

Mahoni                 US$500-515

Peninsula Malaysia 

Logs

Domestic (SQ ex-log yard)  per Cu.m

DR Meranti          US$215-220

Balau                    US$175-180

Merbau                 US$240-250

Rubberwood        US$95-105

Keruing         US$180-185

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Ghana 

                                       per Cu.m

Wawa                  US$36-44

Odum                   US$77-175

Ceiba                    US$31-53

Chenchen             US$33-88

Mahogany

(Veneer Qual.)              US$40-91

Sapele                  US$55-154

Makore

(Veneer Qual.)              US$54-154

  

International Sawnwood  

Francophone West Africa 

FOB                            per Cu.m

Okoume                Euro

FAS GMS                    275

Standard and Better            260

FAS Fixed Sizes              290

Sipo

FAS Standard Sizes              488

FAS Fixed Sizes              519

Sapelli                  

FAS scantlings                     487

Dibtou                        

FAS Standard Sizes              381

FAS Fixed Sizes              412

Iroko

FAS GMS                    458

Scantlings                    519

Strips                           304

 

Brazil 

The P&O Nedlloyd Group is reportedly investing USD 20 million to increase its fleet for the Brazil-Eastern US Coast route. Renamed as Atlantic Brazil Express - ABX, the new service will have three new ships of 2.500 TEU (twenty-foot equivalent unitThis is expected to improve the service as, up to 2004, only one ship was allocated to this route.  

In 2004, the shipping company handled 140,000 TEU from Brazilian ports, 4% more than in 2003. By late 2005, the ships of the new fleet will be able to carry around 27,000 TEU to the US and this represents a 90% higher capacity. The company has said its goal is to have a total transport capacity of 53,500 TEU by 2006. 

FOB Belem/Paranagua Ports

Export Sawnwood           per Cu.m

Mahogany KD FAS FOB

UK market                  no trade

Jatoba Green (dressed)              US$590

Cambara KD               US$430

Asian Market(green)

 Guaruba         US$265

       Angelim pedra             US$280

        Mandioqueira           US$220

Pine (AD)                    US$130

 Malaysia

Sawn Timber

Export(FOB)                per Cu.m

White Meranti A & Up   US$330-340

Seraya

Scantlings (75x125 KD)  US$625-630

Sepetir Boards                  US$185-195

K.Sesendok 25,50mm           US$335-340

 Ghana 

Forestry and timber sector stakeholders have met with the Ghana Forestry Commission (FC) recently to discuss the computerised log tracking system due to be in place in January 2006. 

At the workshop Professor Dominic Fobih, Ghana's  Minister of Lands, Forestry and Mines, said that the new 'Validation of Legal Timber Programme' (VLTP) being proposed by the FC is intended to improve the monitoring of timber harvesting, processing and exportation. The programme is also to ensure that timber for the international market was of verified legal origin. 

The new system is expected to improve the collection of forest revenue, eliminate informal payments between industry and forest officials, and block avenues for illegal timber entering the market and provide an additional tool to ensure that timber harvesting are within sustainable limits. 

Discussion papers on the VLTP are expected to be ready by May and the procurement of the tracking system will be concluded by September 2005 after which there will be an installation and testing period. 

Over the past six years Ghana's forestry sector has been almost reformed to achieve verifiable good governance through effective monitoring and law enforcement.Significant among the reforms was the introduction of a competitive bidding process for the allocation of timber resources. 

Air-dry FAS 25-100mm x 150mm and up x 2.4m and up 

FOB              Euro per Cu.m

Afromosia             855

Asanfina        480

Ceiba                    180

Dahoma         310

Emeri                   350

Edinam                 370

Khaya                  540

Makore                 450

Niangon         490

Odum                   630

Sapele                  480

Wawa       1C&sel          250

 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$1380-1450

Spanish Cedar No.1 C&B,

KD 16%,

Central Am. Market     US$615-620

Walnut 1" Thickness,

 6' - 11' length                US$640-660

Spanish cedar # 1 C&B,

KD 16% Mexican market US$630-660

Pumaquiro 25-50mm AD

Mexican market                US$460-490

Virola  Grade 1 1" to 2"

Length  6' - 8' KD

Mexican market                US$270-290

Virola  Grade 2 1" to 2"

Length  6' - 8' KD

Mexican market                US$230-250

Lagarto  2" Thickness,

6' - 8' length             US$320-340

Cumaru 4" 6-11ft KD

Central american Market  US$760-790

Ishpingo  2"

Thickness 6' - 8' length     US$355-365

 Domestic Sawnwood Prices 

Brazil 

Sawnwood (Green ex-mill)

Northern Mills              per Cu.m

Mahogany             No sales

Ipe                US$346

Jatoba                   US$251

Southern Mills

Eucalyptus AD              US$119

Pine (KD) First Grade       US$154

 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

Merbau                        US$435-445

Kempas50mm by

 (75,100&125mm)       US$195-200

Rubberwood

25x75x660mm up       US$225-230

50-75mm Sq.         US$235-240

>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

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Source: ITTO

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