New Timber Market Survey (TMS) report
Friday 11 Oct 2024
The latest edition of the Timber Market Survey (TMS) report has been released for the June quarter 2024.
Softwood timber products – Quarterly price movements
- Prices for untreated MGP10 structural timber decreased by as much as -0.7%, while prices for untreated MGP12 products remained stable.
- Prices for treated decking decreased by -3.6% and treated sleeper prices decreased by -0.7%.
- Prices for particleboard and plywood products decreased between -0.1% and -3.5%, while MDF prices remained stable.
- Prices movements for LVL and I-joist/I-beam products were downwards, between -1.1% and -3.2%.
Hardwood timber products – Six monthly price movements
- Price movements for structural hardwood products were upwards, between 1.3% and 4.2%.
- Price movements for hardwood flooring products were upwards, between 1.5% and 5.6%.
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, panels 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 eight major Australian forestry organisations: Forestry Corporation of NSW; HQPlantations; OneFortyOne Plantations; the Queensland Government Department of Agriculture and Fisheries; Green Triangle Forest Products; Sustainable Timber Tasmania; Southern Cross Forests; and HVP Plantations.
Further information and the latest Timber Market Survey report is available here: Download the June quarter 2024 TMS report
Source: Indufor
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