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    Myanmar: Demand firming

 

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Myanmar: Demand firming
05/02/2010 - 11:22
Market conditions remain almost the same as reported last month. Demand for Teak is also comparatively good, some buyers say the market is firming but still fluctuating. Sales are reported good in the Indian market and interest from China appears to have picked up a little. Pyinkado logs are selling very well in India. Other traditional markets are not currently active.

Myanmar

Myanmar Log Prices (natural forests)
Teak Logs, FOB
€ Avg per Hoppus Ton
(traded volume)
Veneer Quality
Dec
Dec
2nd Quality
-
-
3rd Quality
-
-
4th Quality
3,489
(10 tons)
3,646
(10 tons)
Sawing Quality
   

Grade 1 (SG-1)
2,478
(34 tons)
2,483
(36 tons)
Grade 2 (SG-2)
2,002
(42 tons)
2,181
(41 tons)
Grade 3 (SG-3)
-
-
Grade 4 (SG-4)
1,500
(215 tons)
1,681
(226 tons)
Grade 5 (SG-5) Assorted
1,414
(150 tons)
1,316
(145 tons)
Grade 6 (SG-6) Domestic
1,186
(77 tons)
1,159
(65 tons)
Grade 7 (ER-1)
879
(89 tons)
732
(183 tons)
Grade 8 (ER-2) -
-
(-)
Short Logs 6 ft. / 7 ft.
1,329
(13 tons)
-

Hoppus ton=1.8m³; All grades, except SG-3/5/6, are length 8' x girth 5' &up. SG-3/4/6 are girth 4' &up. SG-3 grade is higher than SG-4 but with lower girth and price.
Prices differ due to quality or girth at the time of the transaction.

Hardwood log Prices (FOB)

€ per Hoppus Ton
Pyinkado (export)
-
Gurjan (keruing-exp) 182 (707 tons)
Tamalan 726 (31 tons)
In-gujan
-
Yamane (export)
-
All prices are per hoppus ton Euro FOB, equivalent to 1.8 cu.m
(ITTO's Tropical Timber Market Report)
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Notizie relative
  Myanmar: Buyers now have more choice
  24/02/2010 - 08:03
  Myanmar: Monthly Teak sales
  27/01/2010 - 12:10
  Myanmar: Trade cautions on volumes for tender
  20/12/2009 - 08:49
  Sino-Myanmar border trade
  10/12/2009 - 08:29
  Myanmar: Teak sawmilling a sunset industry
  05/12/2009 - 08:19
  Myanmar: Indian demand
  26/11/2009 - 10:51
  Myanmar: Market conditions
  07/11/2009 - 08:38
  Myanmar: New grades for Pyinkado
  21/10/2009 - 08:25
  Myanmar: Teak plantation opportunities
  08/10/2009 - 08:40
  Myanmar: Community forestry plantation boosts agarwood availability
  24/09/2009 - 09:24
  Myanmar promotes plantation establishment
  04/09/2009 - 14:59
  Myanmar: Active purchasing points to market recovery
  17/08/2009 - 09:19
  Plantation initiatives begin in Myanmar
  07/08/2009 - 09:28
  Market moves slow in Myanmar
  08/07/2009 - 10:49
  Myanmar: Decline in prices may indicate slump in demand
  26/05/2009 - 08:36
  Myanmar: Low trade seen during holiday period
  13/05/2009 - 12:08
  Myanmar: Market slows ahead of new year holiday
  09/04/2009 - 08:19
  New orders trickle through Myanmar ports
  22/03/2009 - 08:55
  Myanmar: Average tender prices for teak hold stable in December
  20/01/2009 - 09:06
  Myanmar: Prices hold steady as orders fall
  24/12/2008 - 11:22
  Myanmar: MTE announces price freeze on timber
  21/11/2008 - 08:28
  Teak plantations are on the rise in Myanmar
  18/10/2008 - 08:47
  Myanmar - Teak market unchanged since May 2008
  12/09/2008 - 15:06
  Myanmar: Replanting mangroves viewed as long-term effort
  02/07/2008 - 13:41
  Myanmar struggles to recover from Cyclone Nargis
  15/05/2008 - 15:27
  Myanmar: Trends show less than predictable tender prices
  31/03/2008 - 17:42

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  08/03/2010 - 17:49
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