Latest quarterly Timber Market Survey released

Friday 6 Sep 2019

The June quarter 2019 Australian Timber Market Survey has shown downward price movements for structural pine products. Price movements for untreated MGP10 and MGP12 products ranged between -2.1% and -1.1%, while price movements for treated F7 products ranged between -1.4% and -0.9%.

Treated sleeper and decking prices showed only marginal movements, up and down, with price movements within +/-0.3%. Panel products showed moderate upward price movements of up to 0.9%, while price movements for other engineered wood products were mixed and ranged between -1.0% and 1.3%.

Prices for all hardwood products moved upwards in the six months to the end of the June quarter 2019, with Victorian ash products showing the largest upward price movements. Prices for most structural grade products ranged between 2.0% and 5.3% higher, while prices for most flooring products ranged between 0.4% and 4.8% higher.

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 June quarter 2019 TMS report can be viewed here.

Source: Indufor Asia Pacific (Australia)

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