India: Current prices of teak logs, sawnwood and plywood

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Current C&F prices for plantation teak

  US$ per m3
Belize logs 350-400
Benin logs 320-680
Benin sawn 530-800
Brazil logs 390-750
Brazil squares 390-680
Cameroon logs 390-610
Colombia logs 520-650
Congo logs 380-710
Costa Rica logs 380-710
Côte d'Ivoirelogs 420-720
Ecuador squares 340-695
El-Salvador logs 340-695
Ghana logs 370-650
Guatemala logs 365-550
Guyana logs 410-860
Uganda teak sawn 680-900
Kenya logs 350-600
Laos logs 300-605
Liberia logs 350-460
Malaysian teak logs 350-525
Nicaragua logs 350-650
Panama logs 350-750
PNG logs 400-575
Sudan logs 470-700
Tanzania, teak, sawn 307-885
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 exmill prices for air dried sawnwood are shown below. As the housing market has weakened recently sawnwood prices are not expected to change in the short term.

Sawnwood, (Ex-mill) (AD) Rs. per ft3
Red Meranti
Radiata pine AD

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

Sawn teak prices up slightly

Indian importers of sawn teak from Myanmar are optimistic that with some relaxation of the export regulations for sawn teak the flow of imports from Myanmar could improve. Indian traders holding stocks of Myanmar teak logs have been pushing for price increases and have had some success in lifting prices during recent weeks.

Housing development to boost plywood sales

The CREDAI e-newsletter of 16 December 2014 reports on changes to FDI investment rules that could boost the housing market. The newsletter says “The government on has eased foreign direct investment (FDI) norms for the construction sector which is expected to provide a substantial boost to the sector in terms of greater foreign capital inflows''

Prices for domestically milled Myanmar teak

Sawnwood (Ex-mill) Rs. per ft3
Myanmar Teak (AD)  
Export Grade F.E.Q.
Plantation Teak A grade
Plantation Teak B grade
Plantation Teak FAS grade

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 slow and prices are unchanged.

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
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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