India: Latest prices for teak logs, sawnwood and plywood

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ITTO
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Prices for imported plantation teak:

  US$ per m3
Belize logs 350-400
Benin logs 320-680
Benin sawn 400-800
Brazil logs 390-750
Brazil squares 360-680
Cameroon logs 390-610
Colombia logs 320-650
Congo logs 380-710
Costa Rica logs 360-840
Côte d'Ivoirelogs 330-720
Ecuador squares 340-695
El-Salvador logs 340-695
Ghana logs 370-650
Guatemala logs 270-550
Guyana logs 300-450
Uganda teak sawn 350-600
Kenya logs 300-605
Laos logs 350-650
Liberia logs 340-450
Malaysian teak logs 275-750
Nicaragua logs 400-575
Panama logs 450-700
PNG logs 350-885
Sudan logs 460-700
Tanzania, teak, sawn 350-885
Thailand logs 460-700
Togo logs 230-715
Trinidad and Tobago logs 420-680
Uganda logs 410-860
Uganda Teak sawn 680-900

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

Prices for domestically milled sawnwood from imported logs

Current prices in the domestic market for air dried sawnwood:

Sawnwood, (Ex-mill) (AD) Rs. per ft3
Merbau
1500-1650
Balau
1700-1900
Kapur
1200-1400
Kempas
1250-1300
Red Meranti
1100-1200
Radiata Pine (AD)
925-975
Whitewood
550-650

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

No pick-up in shipments of sawn teak from Myanmar

Indian end-users of locally sawn Myanmar teak are still holding out against the major price increases being proposed by sawmillers. The news from Myanmar is that the authorities do not intend to change direction on the log export ban despite requests from buyers for a phased approach to the ban. The pace of shipments of teak sawnwood from mills in Myanmar to India has not picked up as expected so some popular sizes are in short supply in the Indian market. However, local analys ts expect this situation will be overcome as production in Myanmar increases.

Sawnwood (Ex-mill) Rs. per ft3
Myanmar Teak (AD)  
Export Grade F.E.Q.
8000-18000
Plantation Teak A grade
6000-6500
Plantation Teak B grade
4250-4750
Plantation Teak FAS grade
3500-3750

Price variations depend mainly on length and cross section

Imported 12% KD sawn wood prices per cu.ft ex-warehouse

Demand in India for imported hardwoods remains steady and prices stable:

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 39.00
6 mm 52.50
9 mm 66.50
12 mm 82.30
15 mm 109.00
18 mm 115.00

                                                                                                                                         Domestic ex-warehouse prices for locally manufactured MR plywood

Locally Manufactured
Plywood “Commercial
Grade”
Rs per sq.ft
  Rubberwood Hardwood
4mm Rs.20.00 Rs.29.60
6mm Rs.30.50 Rs.38.10
8mm Rs.38.25 Rs.46.00
12mm Rs.45.50 Rs.55.90
15mm Rs.56.00 Rs.68.30
19mm RS.64.60 Rs.76.50
5mm Flexible ply Rs.40.50  
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