Latest quarterly Timber Market Survey report

Thursday 1 Apr 2021

Softwood products

Prices for most untreated structural MGP products in Australia increased over the December quarter 2020. Price movements for MGP10 products ranged between 0.6% and 0.7%, while prices for MGP12 products ranged between staying relatively stable and increasing up to 0.8%. Prices for treated F7 products increased between 0.9% and 1.2%, and there were similar price movements for treated decking and sleeper products; up to 1.1% higher over the quarter.

Price movements for most panel products ranged between 0.3% and 0.9% higher, while MDF product prices remained relatively stable. Price movements for engineered wood products were mixed, with LVL prices increasing by up to 0.9% and I-joist/I-beam products remaining more stable; within +/- 0.2%.

Hardwood products

Over the six months to the end of December 2020, prices for kiln dried hardwood structural products increased between 0.4% and 1.0%, while prices green sawn structural products increased by up to 0.5%. Price movements for most hardwood flooring products ranged between 0.7% and 1.8% higher, while price movements for Blackbutt flooring were more subdued and ranged between 0.1% to 0.4% 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, 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 is available here

Source: Indufor

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