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Analysts believe that Malaysian log and plywood prices
are set to rise substantially in response to demand for
reconstruction projects after the tragic earthquake and
subsequent tsunami in Japan.
Prices of Malaysian timber and timber products continue
to rise sharply due to strong demand and higher fuel prices
which are driving up transportation and production costs...
Exporters of timber and timber products in Malaysia have
expressed concern over rising prices of crude oil and the
effect on freight rates...
In terms of consumer spending on furniture, Europeans
and Americans spent an average of US$540 and US$300
per year respectively...
In November 2008, the State Government of Sarawak
announced its intention to introduce a single flat royalty
rate for all logs at RM65 per cu.m to be effective from 1
The Malaysian International Furniture Fair (MIFF) 2011
will be held simultaneously at the Putra World Trade
Centre (PWTC) and the Kuala Lumpur Convention Centre
(KLCC) on 1–5 March 2011...
The Korean Trade Commission (KTC) has imposed anti-dumping duties ranging from 5% to 38% on plywood imports from Malaysia for a period up to 3 years...