Current prices of logs, sawnwood and plywood in India

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The second round of auctions for the current season has been concluded at Forest Depart Depots in Surat and Vyara. Around 12,000 cubic metres of good quality domestically grown teak and some non-teak hardwoods was on offer.

Despite prices for imported plantation teak easing auction prices were firm. Locally grown teak is always preferred by millers as the quality is higher, the sap is smaller, the form is good and the girths are larger all of which contribute to better recover rates in the mill.

Average prices recorded at the most recent auction were as follows:

Teak logs Per cubic foot
A quality for ship building Rs. 2900-3000
B quality for ship building Rs. 2800-2900
A for sawing Rs. 2700-2800
B for sawing Rs. 2600-2700
A Long length logs Rs. 2400-2500
B Long length logs  Rs. 1800-1900
A 15 ft.& longer Rs. 2200-2400
B 15 ft.& longer Rs. 1600-1700
Long length, Medium Quality Rs. 1400-1500
Short length, Medium Quality Rs. 1300-1400
Short Length, Thin logs Rs. 1100-1300

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

Good quality non-teak hardwood logs, 3 to 4 meters long having girths 91cms and up of haldu (Adina cordifolia), Laurel (Terminalia tomentosa), kalam (Mitragyna parviflora) and Pterocarpus marsupium fetched higher prices than in the previous auction in the range of Rs.800- 900.

Prices for medium quality logs were in the range of Rs.300-400 per c.ft. The next round of auctions will be held in the North and South Dangs Divisions and the indications are that a large volume of logs will be available.

Prices for imported plantation teak, C&F Indian ports

Prices are unchanged from the end of September.

  US$ per m3
Angola logs 459-574
Belize logs 350-400
Benin logs 304-628
Benin sawn 530-872
Brazil logs 375-596
Brazil squares 370-556
Cameroon logs 405-538
Colombia logs 262-811
Congo logs 451-500
Costa Rica logs 320-780
Côte d'Ivoire logs 277-552
Ecuador squares 330-564
El-Salvador logs 381-934
Ghana logs 273-500
Guatemala logs 360-646
Guyana logs 300-450
Uganda teak sawn 680-900
Kenya logs 515-600
Laos logs 300-605
Liberia logs 265-460
Malaysian logs 225-516
Nicaragua logs 402-505
Panama logs 381-430
PNG logs 443-575
Sudan logs 468-620
Tanzania, teak, sawn 307-613
Thailand logs 511-700
Togo logs 354-542
Trinidad and Tobago logs 557-680
Uganda logs 411-542
Uganda Teak sawn 680-900

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

Prices for locally sawn hardwoods

Sawnwood, (Ex-mill) (AD) Rs. per ft3
Merbau
1500-1650
Balau
1500-1600
Resak
1200-1400
Kapur
1250-1300
Kempas
1100-1200
Red Meranti
900-950
Radiata pine AD
600-725
Whitewood
600-700

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

Myanmar teak logs sawn in India

Despite the decline in stocks purchased before the log export ban there has been no change in price levels for domestically milled Myanmar teak

Prices for domestically milled Myanmar teak

Sawnwood (Ex-mill) Rs. per ft3
Myanmar Teak (AD)  
Export Grade F.E.Q.
8000-14000
Plantation Teak A grade
5500-6500
Plantation Teak B grade
4500-4750
Plantation Teak FAS grade
3500-4000

Price variations depend mainly on length and cross section

Imported sawnwood 

Prices for imported sawnwood (KD 12%) shown below. No significant price movements have been reported.

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.

Domestic plywood prices

Prices for WBP Marine grade plywood from domestic mills

Plywood, Rs per sq.ft
Ex-warehouse. (MR Quality)  
4 mm 39.50
6 mm 52.50
9 mm 66.50
12 mm 82.00
15 mm 109.00
18 mm 114.50

 

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.30.30 Rs.38.00
8mm Rs.38.20 Rs.46.00
12mm Rs.45.40 Rs.55.80
15mm Rs.55.80 Rs.68.00
19mm RS.64.60 Rs.76.30
5mm Flexible ply Rs.40.00  
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