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Malaysia: Gluelam plan
03/12/2009 - 08:07
Plans to promote glued-laminated (glulam) timber products are being developed by the MTC in order to assist local manufacturers. MTC hopes to emulate the success of its competitors in their successful promotional efforts in Dubai, New Zealand and in Hong Kong. To further enhance its market promotion the MTC will be organising training programmes for overseas architects, designers and manufacturers in the near future. The MTC is reportedly targeting countries where Malaysian timber products are not widely marketed.

China investment plan
China, which is one of Malaysia’s biggest trading partners, will seek further trade and investment opportunities in the country in the area of oil palm and timber. This emerged during a press conference held jointly with the visiting Chinese president Hu Jintao.
China is fast becoming a major buyer of Malaysian sawnwood, plywood and logs and forecasts are for its economy to grow by more than 9% in 2010 driven by growing domestic consumption and exports. Expectations are high for increased wood consumption following the government planned low-cost housing programme. This aims to provide 7.5 million homes to low-income urban households from 2009 to 2011.

India major player
India’s timber imports in 2008 were around US$1.4 billion, out of which, US$362.8 million (RM1.3 billion) originated from Malaysia. This made India Malaysia’s third largest timber trading partner after the US and Japan. Products exported to India include logs worth US$263 million (RM920 million), mainly from Sarawak and wooden furniture worth US$44.8 million (RM156.8 million). A recent trade mission by the Malaysian Timber Council (MTC) to Delhi, Mumbai and Chennai identified that India is expected to remain a major importer due to its large population and growing middle-class income group.

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
192-222
Super small
170-200
Kapur SQ up 206-231
Selangan Batu SQ up 180-217

Pen. Malaysia logs, domestic (SQ) US$ per m³
DR Meranti 231-250
Balau 297-326
Merbau 323-355
Rubberwood 52-86
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
201-251
50-75mm Sq.
242-274
>75mm Sq.
264-293


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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