Latest Australian Timber Market Survey released
Friday 30 Nov 2018The September quarter 2018 Timber Market Survey (TMS) shows prices for untreated MGP10 and MGP12 products increased between 2.8% and 5.6%, while price movements for treated F7 products were more moderate and within +/- 1.0%. Outdoor treated softwood products continued their recent trend of price rises, increasing between 3.8% and 4.5% over the three months to the end of September.
Contrary to many solid timber prices, panel product price movements were mostly downwards, ranging between -2.8% and -0.3%. Particleboard products were the exception to this trend showing moderate price increases over the quarter. Quarterly price movements for all LVL and I-joist/I-beam products monitored by the TMS were upwards and ranged between 1.3% and 1.8%.
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 by clicking here.
Source: Indufor Group
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