New Timber Market Survey (TMS) report

Friday 13 Dec 2024

 
The latest edition of the Timber Market Survey (TMS) report has been released for the September quarter 2024.

Softwood timber products – Quarterly price movements

Prices for untreated MGP structural timber products decreased, with price movements ranging between -0.5% and -1.5% lower. Prices for treated decking decreased by -4.0% and treated sleeper prices decreased by -0.6%.

Prices for plywood products decreased by as much as -1.9%, while price movements for particleboard and MDF products remained relatively stable. Prices for LVL and I-joist/I-beam products continued to decline, with price movements ranging between -0.9% and -4.2% lower over the quarter.

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; Green Triangle Forest Products; Hancock Victorian Plantations; HQPlantations; OneFortyOne Plantations; the Queensland Government Department of Agriculture and Fisheries; Southern Cross Forests; and Sustainable Timber Tasmania.

Further information and the latest Timber Market Survey report is available here: Download the September quarter 2024 TMS report.

Source: Indufor


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