| Malaysia: Wood industry exports up nearly 60% |
| 27/06/2008 - 14:43 |
The Deputy Minister of Plantation Industries and Commodities, A. Kohilan Pillay, said wood industry exports in Malaysia during 2007 rose nearly 60% to RM22.65 billion compared with figures from 10 years ago. Bernama reported on the Deputy Minister’s remarks, which were delivered at a Malaysian Timber Industry Board seminar on incentives for wood-based industries. Kohilan noted that furniture exports stood at RM6 billion, and were exported to 160 countries, with the largest market, the US, receiving about USD2 billion worth of exports.
Kohilan also said that investments in the wood-based sector have improved as a result of the growth of the sector. Investments grew to about RM933.4 million, about 23.1% of total investments in the commodities sector. Over a third of this amount was from foreign investments and over half was from domestic investments. The Malaysian furniture industry was also moving its export focus from the US to the new members of the EU in Eastern Europe. According to sources within the industry, the combined consumption of EU members could easily replace that of the US in the near future.
Malaysia
Log Prices
| Sarawak
log, FOB |
US$
per m³ |
| Meranti SQ up |
290-311⇓ |
|
Small
|
273-293⇓ |
|
Super small
|
263-270⇓ |
| Keruing SQ up |
270-280⇓ |
|
Small
|
237-270⇓ |
|
Super small
|
230-236⇓ |
| Kapur SQ up |
248-266⇓ |
| Selangan Batu SQ up |
272-294⇓ |
|
| Pen. Malaysia
logs, domestic (SQ) |
US$ per m³ |
| DR Meranti |
354-396⇓ |
| Balau |
292-322⇓ |
| Merbau |
413-436⇓ |
| Rubberwood |
253-273 |
| Keruing |
284-288⇓ |
| Peninsular
Malaysian meranti logs are top grade and are used for scantlings for
the EU. Their prices are higher than Sarawaks. |
Malaysia
Sawnwood Prices
| Malaysia
Sawnwood,
FOB |
US$
per m³ |
| White Meranti A & up |
432-457
|
| Seraya Scantlings (75x125 KD) |
705-744⇓
|
| Sepetir Boards |
335-345
|
| Sesendok 25,50mm |
447-477
|
| Kembang Semangkok |
428-449
|
|
| Malaysian
Sawnwood, domestic |
US$ per m³
|
| Balau (25&50mm,100mm+) |
348-368
|
| Merbau |
559-582
|
| Kempas 50mmx (75,100 & 125mm) |
297-314
|
| Rubberwood |
25x75x660mm up |
290-321
|
| 50-75mm Sq. |
313-338
|
| >75mm Sq. |
325-357
|
Malaysia Plywood Prices
| Malaysia
ply MR BB/CC, FOB |
US$
per m³ |
| 2.7mm |
482-510
|
| 3mm |
462-488
|
| 9mm & up |
423-446
|
| Meranti ply
BB/CC, domestic |
US$ per m³ |
|
3mm
|
460-470
|
|
12-18mm
|
403-411
|
Other
Malaysia Panel Prices
| Malaysia,
Other Panels, FOB |
US$
per m³ |
| Particleboard Export 12mm & up |
241-258
|
|
Domestic 12mm & up
|
231-247
|
| MDF
Export 15-19mm |
306-329
|
|
Domestic 12-18mm
|
281-300
|
Malaysia
Added Value Product Prices
| Malaysia,
Mouldings, FOB |
US$
per m³ |
| Selagan Batu Decking |
681-699
|
| Red Meranti Mouldings 11x68/92mm x 7ft up |
|
Grade A
|
717-737
|
|
Grade B
|
635-653
|
Malaysia
Furniture and Parts Prices
| Malaysia,
Rubberwood, FOB |
US$ per piece |
| Semi-finished dining table solid laminated top
2.5'x4', extension leaf |
61-77
|
| As above, Oak Veneer |
68-82
|
| Windsor Chair |
59-61
|
| Colonial Chair |
55-63
|
| Queen Anne Chair (soft seat) |
without arm |
54-66
|
| with arm |
56-67
|
| Chair Seat 27x430x500mm |
42-48
|
| Rubberwood
Tabletop |
US$ per m³ |
| 22x760x1220mm sanded & edge
profiled |
|
Top Grade
|
635-645 |
|
Standard
|
603-620 |
|
| (ITTO's Tropical Timber Market Report) |
 |
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