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Myanmar: Demand firming
febbraio 05, 2010
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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