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International Log & Sawnwood Prices
1-15 April  2003

April  2003


International Log Prices
Sarawak Log Prices
(FOB)
per Cu.m
Meranti SQ up US$150-160

small US$120-130

super small US$90-100
Keruing SQ up US$150-155

small US$120-125

super small US$90-95
Kapur SQ up US$140-145
Selangan Batu SQ up US$145-150


West African Log Prices


FOB LM   B BC/CC

Euro per Cu.m
Afromosia/Assamela 381 350 -
Acajou/N'Gollon 175 152 -
Ayous/Obeche 175 160 106
Azobe 145 122 114
Bibolo/Dibtou 145 106 -
Fromager/Ceiba 114 114 -
Iroko 274 228 -
Limba/Frake
122 107 99
Moabi 221 198 -
Padouk 206 168 -
Sapelli 221 206 175
Sipo/Utile 274 244 -
Tali 129 129 91
Doussie 427 335 -


Myanmar

The average price for assorted quality teak logs during March was US$846 per hoppus ton compared to US$876 last month. Actual prices ranged between US$716 and US$1133 per ton. Analysts suspect that prices may be tending down due to the uncertain global situation and probable increases in freight costs.
Veneer Quality FOB per Hoppus Ton

February March
4th Quality

Average US$4153 US$4225
Teak Logs

Sawing Quality per Hoppus Ton
Grade 1

Average US$3261 US$3266
Grade 2

Average US$2884 US$2871
Grade 3

Average US$899 US$893
Grade 4

Average US$1361 US$1289
Assorted US$876 US$846


Other Hardwoods

Padauk
4th Quality No Sale
No Sale
Assorted Quality No Sale No Sale
Yemane US$172
US$385
Oo-Ban US$172
US$190
Kaung-Hmu No Sale No Sale
Kadat No Sale
No Sale
Kanzo No Sale No Sale


Hoppus ton equivalent to 1.8 Cu.m. Teak 3-4th Grade for sliced veneer. Teak grade 1-4 for sawmilling. SG Grade 3 3ft - 4ft 11" girth, other grades 5ft girth minimum.


Domestic Log Prices

Brazil

Logs at mill yard per Cu.m
Mahogany Ist Grade No Sales
Ipe US$57
Jatoba US$31
Guaruba US$21
Mescla(white virola) US$21


Indonesia
Domestic log prices per Cu.m
Plywood logs
Face Logs US$65-75
Core logs US$50-60
Sawlogs (Merantis') US$65-80
Falkata logs US$85-95
Rubberwood US$52-53
Pine US$75-80
Mahoni US$480-490


Peninsula Malaysia

Logs
Domestic (SQ ex-log yard) per Cu.m
DR Meranti US$170-180
Balau US$180-185
Merbau US$205-210
Peeler Core logs US$85-90
Rubberwood US$48-50
Keruing US$165-170

Ghana

per Cu.m
Wawa US$23-37
Odum US$35-175
Ceiba US$23-53
Chenchen US$29-53
Mahogany
(Veneer Qual.) US$47-152
Sapele US$47-140
Makore
(Veneer Qual.) US$47-140



International Sawnwood

West Africa

Once more, no prices changes are being quoted. Sawmills continue to be very busy with very full order books from Europe. There is current heavy demand for Moabi but prices have remained unchanged.

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 the first two months of 2003, Brazilian tropical sawnwood exports totalledUS$ 54.9 million, 11.6% more than in the same period in 2002 (US$ 49.2 million), even though the volume was 19.6% higher. The increase in exports is largely the result of the devaluation of the Real.

FOB Belem/Paranagua Ports

Export Sawnwood per Cu.m
Mahogany KD FAS FOB
UK market no trade
Jatoba Green (dressed) US$550
Cambara KD US$420
Asian Market(green)
Guaruba US$240
Angelim pedra US$260
Mandioqueira US$180
Pine (AD) US$120


Malaysia
Sawn Timber
Export(FOB) per Cu.m
White Meranti A & Up US$285-290
Seraya
Scantlings (75x125 KD) US$500-510
Sepetir Boards US$185-195
K.Sesendok 25,50mm US$290-300


Ghana

Export lumber, Air Dry FOB
FAS 25-100mmx150mm and up 2.4m and up
FOB Euro per Cu.m
Afromosia 855
Asanfina 472
Ceiba 180
Dahoma 272
Edinam 350
Khaya 520
Makore 449
Odum 540
Sapele 460
Wawa 240


Peru

Source, Peru Forestal Magazine/Tropical Forest Consultores

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
Walnut 1" Thickness,
6' - 11' length US$590-610
Spanish cedar # 1 C&B,
KD 16% US$600-640
Virola 1" to 1 1/2
Thickness, 6' - 8'
length, KD US$290-300
Lagarto 2" Thickness,
6' - 8' length US$280-300
Ishpingo 2"
Thickness 6' - 8' length US$370-400



Domestic Sawnwood Prices

Report from Brazil

Sawnwood (Green ex-mill)
Northern Mills per Cu.m
Mahogany No sales
Ipe US$200
Jatoba US$145
Southern Mills
Eucalyptus AD US$63
Pine (KD) First Grade US$93

Report from Indonesia

Sawn timber, ex-mill
Domestic construction material

Kampar
per cu.m
AD 6x12-15x400cm US$205-220
KD
US$290-300
AD 3x20x400cm US$305-310
KD
US$325-330
Keruing
AD 6x12-15cmx400 US$215-220
AD 2x20cmx400 US$220-230
AD 3x30cmx400 US$220-235

Malaysia

Sawnwood per Cu.m
Balau(25&50mm,100mm+) US$225-235
Kempas50mm by
(75,100&125mm) US$155-165
Red Meranti
(22,25&30mm by180+mm) US$220-230
Rubberwood
25mm & 50mm Boards US$185-195
50-75mm Sq. US$200-210

Ghana

Sawnwood per Cu.m
50x100mm
Odum US$144
Wawa US$39
Dahoma US$71
Redwood US$97
Ofram US$58
50x75mm
Odum US$135
Dahoma US$77
Redwood US$64
Ofram US$64
Emeri US$64

Peru

per Cu.m
Mahogany US$1485-1490
Virola US$180-195
Spanish Cedar US$630
Catahua US$172-177
Tornillo US$347-358

Source:ITTO Timber Prices