Latest quarterly Timber Market Survey report out

The September quarter 2019 Australian Timber Market Survey (TMS) has shown downward price movements for untreated MGP products ranging between 0.4% and 1.3%. Treated sleeper and treated decking prices also declined over the quarter, with price movements ranging between 0.3% and 1.4%.

Price movements for panel products were mixed, with price decreases for MDF products ranging between 1.1% and 1.3%, and price increases for plywood products ranging between 0.6% and 0.9%. Price movements for engineered wood products were downwards and ranged between 0.4% and 1.0%. LVL products recorded the largest price declines within the engineered product group.

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 at: September quarter 2019 TMS report

Source: Indufor Asia Pacific (Australia)