Malaysia: 2011 export target can be meet says Minister

Fonte:
ITTO's Tropical Timber Market Report
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The Malaysian Plantation and Commodities Ministry said that the Malaysian timber industry is projected to meet its export target of RM20 billion to RM21 billion, which is close to the RM20.5 billion exports in 2010.

The Malaysian timber industry is still battling the effects of the 2009 global financial crisis and weakness in the US economy as well as the effects of the Euro debt crisis, which have given rise to weak demand for Malaysian timber products in affected markets.

In addition, unrest in some Middle East countries has added to the toll on the Malaysian timber industry. The Ministry added that local timber consumption stands at about RM7 billion per year, with demand coming mainly from the local building and construction sector.

Encouraging furniture export earnings as markets are diversified
Exports of Malaysian made furniture products are likely to be between RM7 billion to RM7.5 billion this year compared with RM7.95 billion last year says the Malaysian Furniture Entrepreneurs Association (MFEA). The association had projected a 15% drop in exports to RM6.8 billion earlier this year.

From January to August this year, the value of furniture exports from Malaysia stood at RM4.9 billion, a decline of 7.9% compared with RM5.3 billion for the same period last year. However, demand in the second quarter improved with exports to Japan, India, Russia and Saudi Arabia picking up.

Exports to Japan increased to RM554 million during the January-August period compared with RM433 million in the same period last year. This performance elevated Japan to the second largest market for MFEA members; contributing about 8.9% or RM709 million out of a total of RM7.9 5 billion export revenue in 2010. Furniture exports to India also improved to RM171 million during the same eight months compared with RM137 million previously. Exports to the US also improved considerably.

Exports to Saudi Arabia grew to RM101 million in the first eight months compared with RM88 million a year earlier, while exports to Russia improved to RM51 million up from RM43 million previously. The weakening of the Malaysian currency against the US dollar by 3 - 5% in the third quarter of this year contributed to the increase in exports.

Malaysia Log PricesMalaysia Log Prices

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 413-449
White Meranti A & up
309-339
Seraya Scantlings (75x125 KD)
449-461 
Sepetir Boards
277-306
Sesendok 25,50mm
363-381
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
237-288
50-75mm Sq.
276-308
>75mm Sq.
298-328



Malaysia Plywood Prices

Malaysia ply MR BB/CC, FOB US$ per m³
2.7mm
445-506
3mm
427-457 
9mm & up
378-448 
Meranti ply BB/CC, domestic US$ per m³
3mm
370-460 
12-18mm
353-382 



Other Malaysia Panel Prices

Malaysia, Other Panels, FOB US$ per m³
Particleboard Export 12mm & up
262-285
Domestic 12mm & up
253-267
MDF            Export 15-19mm
313-345
Domestic 12-18mm
305-324



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


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