Latest quarterly Timber Market Survey released

Friday 7 Jun 2019

The March quarter 2019 Timber Market Survey (TMS) has shown downward price movements for untreated MGP12 products ranging between 0.7% and 1.0%, while untreated MGP10 prices remained stable. Treated sleeper and treated decking prices declined over the quarter with price movements ranging between 0.2% and 0.5%.

Most panel products recorded upward price movements ranging between 0.7% and 1.8%, while particleboard products price remained relatively stable. Price movements for most engineered wood products were downwards, ranging between 0.2% and 0.5%, while price movements for some I joist/I beam products recorded stronger upward price movements.

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 at: Download the March quarter 2019 TMS report.

Source: Indufor Asia Pacific (Australia)

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