The Australian Timber Market Survey (TMS) results show prices for untreated MGP products remained stable over the March quarter 2020. Treated sleeper and treated decking prices were also relatively stable over the period, showing only slight upward price movements.
Price movements for panel products were mostly in an upwards direction, with price increases for plywood and MDF products ranging between 0.7% and 1.2%. Particleboard prices remained more stable with price movements within +/-0.4%. Price movements for engineered wood products were mostly downwards and ranged between -0.5% and no change.
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 viewed here
Source: Indufor Asia Pacific (Australia) Pty Ltd