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Malaysian timber sector pins hopes on Japan imports
09/04/2008 - 12:09

Prices of Malaysian timber products increased substantially as shortages of raw materials became critical as a result of tropical thunderstorms. Barring bad weather, it remains to be seen if there are sufficient strong business fundamentals in the international business environment to lift up the Malaysian timber market in the long run.

However, two foreign brokerages, Merrill Lynch and Credit Suisse have issued calls to upgrade the timber sector, according to StarBiz. Prices of plywood have hit bottom and Japanese regulatory bodies are relaxing some rules and regulations concerning the Japanese construction industry. This may help accelerate timber trade with Japan.

Malaysia Log Prices
Sarawak log, FOB
US$ per m3
Meranti SQ up
297-318↑ 
Small
273-293↑ 
Super small
262-271↑ 
Keruing SQ up
270-281↑ 
Small
237-267↑ 
Super small
226-235↑ 
Kapur SQ up
245-262↑ 
Selangan Batu SQ up
270-292 
Pen. Malaysia logs, domestic (SQ) US$ per m3
DR Meranti
352-394↑ 
Balau
287-316↑ 
Merbau
414-437↑ 
Rubberwood
239-258↑ 
Keruing
280-293↑ 
Peninsular Malaysian meranti logs are top grade and are used for scantlings for the EU. Their prices are higher than Sarawak’s.


Malaysia Sawnwood Prices
Malaysia Sawnwood, FOB US$ per m3
White Meranti A & up
428-452↑ 
Seraya Scantlings (75x125 KD)
707-744↓ 
Sepetir Boards
325-335↑ 
Sesendok 25,50mm
444-473 
Kembang Semangkok
424-442 
Malaysian Sawnwood, domestic
US$ per m3 
Balau (25&50mm,100mm+)
343-363 
Merbau
558-577 
Kempas 50mmx (75,100 & 125mm)
289-309↑ 
Rubberwood 25x75x660mm up
281-309↑ 
50-75mm Sq.
303-328↑ 
>75mm Sq.
315-347↑ 


Malaysia Plywood Prices
Malaysia ply MR BB/CC, FOB US$ per m3
2.7mm
479-505↑ 
3mm
456-481↑ 
9mm & up
414-437↑ 
Meranti ply BB/CC, domestic
US$ per m3 
3mm
455-465↑ 
12-18mm
394-402↑ 


Other Malaysia Panel Prices
Malaysia, Other Panels, FOB US$ per m3
Particleboard Export 12mm & up
230-248↑ 
Domestic 12mm & up
218-235↑ 
MDF Export 15-19mm
296-320↑ 
Domestic 12-18mm
271-289↑ 


Malaysia Added Value Product Prices
Malaysia, Mouldings, FOB US$ per m3
Selagan Batu Decking
677-695
Red Meranti Mouldings 11x68/92mm x 7ft up
Grade A 714-734
Grade B 629-646


Malaysia Furniture and Parts Prices
Malaysia, Rubberwood, FOB US$ per piece
Semi-finished dining table solid laminated top 2.5'x4', extension leaf
56-72↑ 
As above, Oak Veneer
63-77↑ 
Windsor Chair
54-57↑ 
Colonial Chair
47-55↑ 
Queen Anne Chair (soft seat) without arm
48-61↑ 
with arm
52-61↑ 
Chair Seat 27x430x500mm
35-40↑ 
Rubberwood Tabletop US$ per m3
22x760x1220mm sanded & edge profiled
Top Grade 620-630↑
Standard 587-606
(ITTO's Tropical Timber Market Report)
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