Australian Timber Market Survey report - March quarter 2024

Friday 21 Jun 2024

Softwood timber products – Quarterly price movements
  • Prices for untreated MGP structural timber products decreased slightly, with price movements ranging between -0.3% and -0.1% lower over the quarter.
  • Price movements for treated outdoor products varied, with treated decking prices increasing by 0.8% and treated sleeper prices decreasing by -0.4%.
  • Prices for particleboard products increased by up to 0.7%, while price movements for plywood and MDF products ranged within +/- 0.6%.
  • Prices for LVL and I-joist/I-beam products continued to decline, with price movements between -3.4% and -5.5% lower.
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 seven 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; and Southern Cross Forests.

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

Source: Indufor

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