Latest edition of Australian TMS report released

Friday 11 Sep 2020

Softwood products

The June quarter 2020 results show prices for untreated MGP products declined, with price movements ranging between -2.2% and -1.1%. Price movements for treated outdoor products were more moderate and ranged between -1.7% and -0.2%. Panel product price movements show increases of up to 1.8%, while price movements for other engineered wood products were mixed and ranged between -5.7% and 0.8%.

Hardwood Products

Over the six months to the end of June 2020, price increases for F17 hardwood structural products ranged between 1.6% and 4.2%, while higher strength grade F27 products showed moderate price decreases of -0.7%.

Price movements for all hardwood flooring products were in an upwards direction, with most price movements ranging between 2.0% and 4.7%. Price movements for Tasmanian oak flooring were more moderate and ranged between 0.2% and 0.9%.

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, panels 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 can be downloaded here

Source: Indufor

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