Latest Timber Market Survey report releasedThe June quarter 2018 Australian Timber Market Survey (TMS) has seen prices for untreated MGP10 and MGP12 products remain stable, with little to no change over the three-month period. Prices for outdoor treated softwood products edged upwards over the June quarter, with price movements of up to 0.6%.
Panel products showed the most quarterly price growth of all softwood products monitored by the TMS. Price movements for most panel products ranged between 1.8% and 2.9%, while some product prices remained relatively flat.
All reported hardwood timber products have shown upward price movements over the six months to June 2018. Price movements for structural hardwood products ranged between 2.5% and 5.6%. Price movements for flooring products ranged between 0.9% and 5.8%, with Tasmanian oak products recording the largest price movements over the period.
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 Group
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