Latest quarterly Timber Market Survey report released

Friday 20 Mar 2020

The December quarter 2019 Australian Timber Market Survey (TMS) has shown relatively small downward price movements for structural pine products. Average price movements for untreated MGP10 and MGP12 products reported in the TMS ranged between 0.5% and -0.2%, while price movements for treated F7 products ranged between -1.4% and -0.7%.

Treated decking product prices decreased by around -0.9% over the quarter, while treated sleeper prices remained stable. Panel products showed moderate upward price movements of between 1.0% and 2.6%, with plywood prices making the most gains over the quarter. Prices for engineered LVL and I-joist/I-beam products declined over the quarter, with price movements ranging between -1.3% and -0.4%.

Price movements for structural hardwood products were marginal over the six months to the end of the December quarter 2019, with price increases of up to 0.2%. Upward price movements for hardwood flooring products ranged between 0.5% and 2.7%, while Victorian ash flooring prices remained stable.

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 December quarter 2019 TMS report

Source: Indufor

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