Latest Timber Market Survey report released
Friday 28 Apr 2017The December quarter Timber Market Survey (TMS) has shown downward price movements for untreated MGP10 grade products ranging between 0.1% and 1.6%, while untreated MGP12 and treated F7 product prices remained more stable.
Prices for engineered wood products have continued to trend upwards, with December quarter 2016 nominal prices around 4% - 5% higher than in the previous 12 months. Panel products showed moderate upward price movements between 0.1% and 0.5%.
Structural hardwood products recorded upward price movements over the six months to the December quarter 2016, ranging between 1.3% and 2.3%; the exception being F27 prices, which remained relatively stable. Most hardwood flooring products also experienced positive price movements, ranging between 0.8% and 2.2%, while standard grade Victorian ash and Tasmanian oak products showed marginal price movements within +/-0.3%.
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 seven major Australian forestry organisations: Forestry Corporation of NSW; VicForests; Hancock Victorian Plantations; HQPlantations; OneFortyOne Plantations; Queensland Government Department of Agriculture and Fisheries; and Green Triangle Forest Products.
Further information and the latest Timber Market Survey report is available at: www.indufor.fi/news-hot-topics/timber-market-survey.
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