Latest quarterly Timber Market Survey released

The September quarter 2017 TMS has shown strong upward price movements for untreated MGP10 and MGP12 products, which ranged between 4.3% and 6.0%. Treated F7 products recorded more moderate price movements of up to 1.8%.

Price movements for outdoor treated products were also upwards and ranged between 0.4% and 3.5%, while price movements for most panel products were between 0.5% and 2.3%. Engineered wood products showed a mixture of price movements over the September quarter, all of which were within +/- 0.7%.

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 here.

Source: Indufor

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