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Latest quarterly Timber Market Survey released

21 March 2019

The December quarter Australian 2018 Timber Market Survey (TMS) has seen mixed price movement results for untreated structural pine products. Price movements for MGP10 and MGP12 products were within +/-0.7%, with most products showing downward price movements over the quarter.

Treated sleeper and decking prices continued to trend upwards over the quarter, with price movements ranging between 2.2% and 3.2%.

Most panel products recorded downward price movements (down to -1.0%), while prices for some panel product dimensions remained relatively stable. TMS price movements for LVL products were upwards (up to 2.5%), while price movements for I joist/I beam products were more moderate and generally downwards (down to -1.1%).

Prices for hardwood timber products moved upwards over the six months to December 2018. Price movements for structural hardwood products ranged between 0.4% and 1.9%, while price movements for flooring products ranged between 0.6% and 4.6%. As was the case in the first half of 2018, Tasmanian oak flooring products recorded the largest price movements over the period; followed by Victorian ash flooring products.

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 2018 TMS report.

Source: Indufor Asia Pacific (Australia)

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