Latest quarterly Timber Market Survey report out
Friday 1 Jun 2018The March quarter 2018 Timber Market Survey (TMS) has shown upward price movements in Australia for untreated MGP10 and MGP12 products ranging between 5.9% and 7.1%, while treated F7 products showed record upward price movements of between 6.0% and 10.3%.
Engineered wood products also showed record upward price movements over the March quarter. Prices for I-joist/I-beam products increased between 3.1% and 4.4%, while LVL products showed stronger increases ranging between 4.8% to 5.5%.
Price movements for plywood and particleboard products were upwards and ranged between 1.4% and 3.0%, while upward price movements for MDF products were more moderate - with increases of up to 0.8%. Prices for outdoor softwood products also increased over the quarter, with treated decking showing price movements of around 4.8%, and treated sleepers showing price movements of around 3.4%.
The TMS collects price data through quarterly surveys of a representative sample of timber market participants in eastern Australia. All quarterly TMS reports contain price movement information for softwood timber, panel and engineered wood products. The June and December quarter editions also include price movement information for hardwood timber products surveyed over a six-month period.
The TMS is prepared by Indufor and funded by nine major Australian forestry organisations: Forestry Corporation of NSW; VicForests; Hancock Victorian Plantations; HQPlantations; OneFortyOne Plantations; Queensland Government Department of Agriculture and Fisheries; Green Triangle Forest Products; AKD Softwoods; and Sustainable Timber Tasmania.
Further information and the latest Timber Market Survey report is available now. Download the March quarter 2018 TMS report.
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