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
