| Malaysia: Loans for plantations |
| 05/11/2009 - 08:59 |
The Malaysian plantation industries and commodities
minister said that loan agreements with a value of over
RM230 million had been agreed to fund the development
of forest plantations.
Some RM1 billion has reportedly been set aside for this
purpose in the form of soft loans. The government has set
a target of 375,000 ha. of forest plantations to be planted.
SAFODA finance
The Sabah Forestry Development Authority (Safoda) in
East Malaysia became the first Sabah-based company to
obtain finance from the federal government for its forest
plantation programme.
Transparency at work
The Malaysian Auditor-General’s Report for 2008
highlights the illegal activities and poor management
which were the main factors in the reduction of the forest
area in the state of Pahang in West Malaysia. This, says
the report, has contributed to air and water pollution and
the destruction of both flora and fauna habitats in the state.
The report also noted that although over 100,000 ha. of
forest had been earmarked as forest reserve, it took more
than 10 years for the areas to be so gazetted by the state
forestry department.
Middle East construction boom over
Prices of timber products in Malaysia sank to new lows
recently as the impact of a slow down in construction
projects, especially in the Middle-East, hit demand.
Malaysian contractors operating construction projects in
the Middle East are facing considerable difficulties.
High prices for crude oil, which peaked in 2008, resulted
in a building boom in the region but now there are few
new construction projects in the pipeline and contractors
are seeing business fade away.
Malaysia Log Prices
Malaysia
Log Prices
| Sarawak
log, FOB |
US$
per m³ |
| Meranti SQ up |
226-250 |
|
Small
|
210-241 |
|
Super small
|
200-224 |
| Keruing SQ up |
216-228 |
|
Small
|
190-220 |
|
Super small
|
167-197 |
| Kapur SQ up |
206-231 |
| Selangan Batu SQ up |
179-216 |
|
| Pen. Malaysia
logs, domestic (SQ) |
US$ per m³ |
| DR Meranti |
231-250 |
| Balau |
297-326 |
| Merbau |
323-355
|
| Rubberwood |
50-84 |
| Keruing |
214-230 |
| Peninsular
Malaysian meranti logs are top grade and are used for scantlings for
the EU. Their prices are higher than Sarawaks. |
Malaysia
Sawnwood Prices
| Malaysia
Sawnwood,
FOB |
US$
per m³ |
| White Meranti A & up |
280-310 ⇓
|
| Seraya Scantlings (75x125 KD) |
433-446 ⇓
|
| Sepetir Boards |
249-271
|
| Sesendok 25,50mm |
345-363 ⇓
|
| Kembang Semangkok |
293-316 ⇑
|
|
| Malaysian
Sawnwood, domestic |
US$ per m³
|
| Balau (25&50mm,100mm+) |
325-345
|
| Merbau |
452-504 ⇓
|
| Kempas 50mmx (75,100 & 125mm) |
260-300
|
| Rubberwood |
25x75x660mm up |
199-249
|
| 50-75mm Sq. |
240-272
|
| >75mm Sq. |
262-291
|
Malaysia Plywood Prices
| Malaysia
ply MR BB/CC, FOB |
US$
per m³ |
| 2.7mm |
405-467 ⇓
|
| 3mm |
385-415 ⇓
|
| 9mm & up |
331-403 ⇓
|
| Meranti ply
BB/CC, domestic |
US$ per m³ |
|
3mm
|
380-421 ⇓
|
|
12-18mm
|
314-343 ⇓
|
Other
Malaysia Panel Prices
| Malaysia,
Other Panels, FOB |
US$
per m³ |
| Particleboard Export 12mm & up |
226-249
|
|
Domestic 12mm & up
|
211-228
|
| MDF
Export 15-19mm |
279-310 ⇓
|
|
Domestic 12-18mm
|
270-288
|
Malaysia
Added Value Product Prices
| Malaysia,
Mouldings, FOB |
US$
per m³ |
| Selagan Batu Decking |
528-538 ⇑
|
| Red Meranti Mouldings 11x68/92mm x 7ft up |
|
Grade A
|
543-556 ⇓
|
|
Grade B
|
496-505 ⇓
|
Malaysia
Furniture and Parts Prices
| Malaysia,
Rubberwood, FOB |
US$ per piece |
| Semi-finished dining table solid laminated top
2.5'x4', extension leaf |
60-76
|
| As above, Oak Veneer |
67-81
|
| Windsor Chair |
59-61
|
| Colonial Chair |
57-62
|
| Queen Anne Chair (soft seat) |
without arm |
57-65
|
| with arm |
57-66
|
| Chair Seat 27x430x500mm |
45-50
|
| Rubberwood
Tabletop |
US$ per m³ |
| 22x760x1220mm sanded & edge
profiled |
|
Top Grade
|
557-590 |
|
Standard
|
541-560 |
|
| (ITTO's Tropical Timber Market Report) |
 |
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