• The moratorium mandates ministers and government officials to suspend the processing of all permits for logging and forest conversion purposes, including those for timber and palm oil, in primary forests and peatlands in the following government categories: conservation forest, protected forest and production forest. Permits however, are allowed for secondary forests, which have been affected by human and commercial activities.
• It will be enforced over two years and is open for extension. Its implementation will be overseen by a task force on Reducing Emissions from Deforestation and Forest Degradation (REDD).
• It covers up to 64.2 million ha. of primary forest and more than 30 million ha. of peatlands. No compensation will be offered under the moratorium to firms unable to expand in these areas, although the government has allocated another 35 million ha. of "degraded forest" for commercial development.
The moratorium provides the following exemptions:
• Firms with existing permits or have approval in principle from the forestry minister for permits to log and convert forest.
• Extension of existing permits.
• Projects to develop geothermal and other power plants, oil and gas fields, sugar and rice plantations.
• Ecosystem restoration
• The government will regularly update a map of its forests in a bid to correct overlapping permits in the sector. The map will be published to help investors clarify which forest areas are still on offer and which are not.
Indonesia Log Prices |
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Indonesia logs, domestic prices | US$ per m³ | |
Plywood logs | Face Logs | 217-260 ⇑ |
Core logs | 202-231 ⇑ | |
Sawlogs (Meranti) | |
211-271 ⇑ |
Falcata logs | |
179-214 ⇑ |
Rubberwood | |
90-94 ⇑ |
Pine | |
189-230 ⇑ |
Mahoni (plantation mahogany) | |
494-524 ⇑ |
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Indonesia Sawnwood Prices | ||
Indonesia, construction material, domestic | US$ per m³ | |
Kampar (Ex-mill) | AD 3x12-15x400cm | 202-221 ⇑ |
KD | 217-252 ⇑ | |
AD 3x20x400cm | 238-261 ⇑ | |
KD | 240-269 ⇑ | |
Keruing (Ex-mill) | AD 3x12-15x400cm | 253-267 ⇑ |
AD 2x20x400cm | 241-259 ⇑ | |
AD 3x30x400cm | 224-243 ⇑ | |
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Indonesia Plywood Prices | ||
Indonesia ply MR BB/CC, FOB | |
US$ per m³ |
2.7mm | |
426-482 ⇑ |
3mm | |
384-425 ⇑ |
6mm | |
363-405 ⇑ |
MR Plywood (Jakarta), domestic | ||
9mm | |
281-292 ⇑ |
12mm | |
273-283 ⇑ |
15mm | |
263-277 ⇑ |
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Other Indonesia Panel Prices | ||
Indonesia, Other Panels, FOB | |
US$ per m³ |
Particleboard | Export 9-18mm | 240-249 ⇑ |
Domestic 9mm | 220-232 ⇑ | |
12-15mm | 214-226 ⇑ | |
18mm | 210-221 ⇑ | |
MDF | Export 12-18mm | 270-285 ⇑ |
Domestic 12-18mm | 254-266 ⇑ | |
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Indonesia Added Value Product Prices | ||
Indonesia, Mouldings, FOB | |
US$ per m³ |
Laminated Boards Falcata wood | 322-335 ⇑ | |
Red Meranti Mouldings 11x68/92mm x 7ft up | ||
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Grade A | 515-546 ⇑ |
Grade B | 470-493 ⇑ |