Cutting costs by means of more advanced machining technologies
The Ministry of Plantation Industries and Commodities voiced the opinion that the adoption of more advanced machining methodologies would help cut production cost while maintaining a leading edge for the Malaysian wooden furniture industry.
The Malaysian government has indicated its commitment to continue providing soft loans for investors in the forest plantation sector and will continue to vigorously support the Malaysian Timber Certification Scheme so that it becomes even more widely accepted internationally.
MTIB reassesses 2011 timber sector forecasts
The Malaysian Timber Industry Board is reviewing its forecast for 2011 timber exports. Malaysia’s exports of timber and timber products amounted to RM20.52 billion in 2010 but analysts report the likelihood is that total exports for 2011 may be lower than those in 2010. In contrast, demand in the domestic market remains buoyant for the time being. Domestic consumption of wood products is estimated to be worth around RM20 billion, out of which sawn timber accounts for just over RM10 billion, furniture RM4 billion, plywood and other panels RM4 billion, joinery products RM1 billion and other timber products the remainder.
MTC to hold International timber marketing conference
The Malaysian Timber Council (MTC) will organize an International Timber Marketing Conference in conjunction with the fourth Malaysia International Commodities, Conference and Showcase 2011 due to be held at the Malaysian Agro Exposition Park Serdang on October 28th this year.
Speakers from the USA, Europe, India, Hong Kong and the UAE will be present to provide insights into the global timber industry and trade. A consultation and marketing ‘clinic’ will also be held for the Malaysian industry on October 31 with regional directors and market correspondents and consultants in attendance.
Sarawak log, FOB | US$ per m³ |
Meranti SQ up | 265-292 |
Small
|
253-286 |
Super small
|
255-279 |
Keruing SQ up | 247-259 |
Small
|
238-271 |
Super small
|
227-251 |
Kapur SQ up | 239-265 |
Selangan Batu SQ up | 244-278 |
Pen. Malaysia logs, domestic (SQ) | US$ per m³ |
DR Meranti | 283-302 |
Balau | 325-355 ⇓ |
Merbau | 378-409 |
Rubberwood | 106-140 |
Keruing | 247-263 ⇓ |
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 | |
DR
Meranti |
415-451 | |
White Meranti A & up |
310-340
|
|
Seraya Scantlings (75x125 KD) |
452-464 ⇓
|
|
Sepetir Boards |
277-306
|
|
Sesendok 25,50mm |
364-382 ⇓
|
|
Kembang Semangkok |
344-373
|
|
Malaysian Sawnwood, domestic |
US$ per m³
|
|
Balau (25&50mm,100mm+) |
346-366
|
|
Merbau |
486-538
|
|
Kempas 50mmx (75,100 & 125mm) |
290-330
|
|
Rubberwood | 25x75x660mm up |
241-291
|
50-75mm Sq. |
279-311
|
|
>75mm Sq. |
301-331
|
Malaysia Plywood Prices
Malaysia ply MR BB/CC, FOB | US$ per m³ |
2.7mm |
448-509
|
3mm |
429-459
|
9mm & up |
380-450
|
Meranti ply BB/CC, domestic | US$ per m³ |
3mm
|
372-462
|
12-18mm
|
355-384
|
Other Malaysia Panel Prices
Malaysia, Other Panels, FOB | US$ per m³ |
Particleboard Export 12mm & up |
263-286
|
Domestic 12mm
& up
|
254-268
|
MDF Export 15-19mm |
315-347
|
Domestic 12-18mm
|
306-325
|
Malaysia Added Value Product Prices
Malaysia, Mouldings, FOB | US$ per m³ |
Selagan Batu Decking |
576-586
|
Red Meranti Mouldings 11x68/92mm x 7ft up | |
Grade A
|
590-603
|
Grade B
|
545-555
|
Malaysia Furniture and Parts Prices
Malaysia, Rubberwood, FOB | US$ per piece | |
Semi-finished dining table solid laminated top 2.5'x4', extension leaf |
79-95
|
|
As above, Oak Veneer |
86-100
|
|
Windsor Chair |
78-80
|
|
Colonial Chair |
76-81
|
|
Queen Anne Chair (soft seat) | without arm |
78-87
|
with arm |
78-88
|
|
Chair Seat 27x430x500mm |
64-69
|
|
Rubberwood Tabletop | US$ per m³ | |
22x760x1220mm sanded & edge profiled | ||
Top Grade
|
634-664 | |
Standard
|
617-633 |