India: Teak logs prices at latest auctions

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ITTO
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India's total imports of wood and wood products under HS chapter 44 for the month of February 2014 were US$207.51 million and exports under the same chapter were US$23,04 million. Domestic demand continues to be firm.

Current C & F prices for imported plantation teak, Indian ports per cubic metre are shown below.

  US$ per m3
Tanzania Teak sawn 350-885
Côte d'Ivoire logs 390-750
PNG logs 400-575
El-salvador logs 340-695
Guatemala logs 400-550
Nigeria squares 370-450
Ghana logs 375-650
Guyana logs 300-450
Benin logs 340-650
Benin sawn 435-800
Brazil squares 360-680
Brazil logs 350-750
Cameroon logs 350-510
Togo logs 380-715
Ecuador squares 330-540
Costa Rica logs 355-700
Panama logs 360-550
Sudan logs 480-700
Congo logs 450-550
Kenya logs 390-600
Thailand logs 460-700
Trinidad and Tobago logs 420-680
Uganda logs 440-780
Uganda teak sawn 680-800
Laos logs 300-605
Malaysian Teak logs 325-460
Nicaragua logs 370-535
Liberia Logs 350-460

Variations are based on quality, length and average girth of logs

Prices for domestically sawn imported logs Prices for air dry sawnwood per cubic Foot, ex-sawmill are shown below.

Sawnwood, (Ex-mill) (AD) Rs. per ft3
Merbau
1500-1650
Balau
1550-1750
Kapur
1200-1250
Kempas
1100-1200
Red Meranti
850-950
Radiata Pine (AD)
550-650
Whitewood
600-650

Variations are based on quality, length and average girth of logs

Domestic prices for Myanmar teak processed in India

Sawnwood (Ex-mill) Rs. per ft3
Myanmar Teak (AD)  
Export Grade F.E.Q.
6000-15000
Plantation Teak A grade
5500-6000
Plantation Teak B grade
3500-4250
Plantation Teak FAS grade
3000-3500

Price variations depend mainly on length and cross section

Prices for imported sawnwood prices

Ex-warehouse prices for imported kiln dry (12% mc.) sawnwood per cu.ft are shown below.

Sawnwood, (Ex-warehouse) (KD) Rs per ft3
Beech 1300-1350
Sycamore 1300-1400
Red oak 1500-1650
White Oak 1600-1800
American Walnut 2300-2400
Hemlock clear grade 1300-1400
Hemlock AB grade 1100-1200
Western Red Cedar 1600-1650
Douglas Fir 1200-1300

Price variations depend mainly on length and cross section.

Plywood market slow to revive

Domestic manufacturers continue to report slow market conditions and put this down to the subdued housing sector. Prices remain unchanged.

Prices for WBP Marine grade plywood from domestic mills

Plywood, Rs per sq.ft
Ex-warehouse. (MR Quality)  
4 mm 35.50
6 mm 47.00
9 mm 59.5
12 mm 74.00
15 mm 98.00
18 mm 103.00

                                                                                                                                       Domestic ex-warehouse prices for locally manufactured MR plywood

Locally Manufactured
Plywood “Commercial
Grade”
Rs per sq.ft
  Rubberwood Hardwood
4mm Rs.18.00 Rs.27.50
6mm Rs.27.50 Rs.34.50
8mm Rs.34.50 Rs.42.00
12mm Rs.41.00 Rs.51.00
15mm Rs.50.40 Rs.62.70
19mm RS.58.00 Rs.70.50
5mm Flexible ply Rs.36.00  
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