The December quarter 2017 TMS has shown upward price movements for untreated MGP10 and MGP12 products ranging between 0.4% and 1.4%, while treated F7 products showed upward price movements of around 0.8%. Prices for outdoor softwood products also increased over the quarter, with movements that ranged between 1.4% and 4.7%. Prices for most panel products and other engineered wood products remained stable or showed moderate increases up to 1.4%.
TMS results for hardwood structural products have shown upward price movements over the six months to December 2017, which ranged between 1.6% and 7.2%; with green sawn products recording the largest price movements. Prices for hardwood flooring products also moved upwards and ranged between 1.5% and 6.8%, with the largest price movements being seen in southern state timber species – Victorian ash and Tasmanian oak.
The TMS collects price data through quarterly surveys of a representative sample of timber market participants in eastern Australia. All quarterly TMS reports contain price movement information for softwood timber, panel and engineered wood products. The June and December quarter editions also include price movement information for hardwood timber products surveyed over a six-month period.
The TMS is prepared by Indufor and funded by nine major Australian forestry organisations: Forestry Corporation of NSW; VicForests; Hancock Victorian Plantations; HQPlantations; OneFortyOne Plantations; Queensland Government Department of Agriculture and Fisheries; Green Triangle Forest Products; AKD Softwoods; and Sustainable Timber Tasmania.
Further information and the latest Timber Market Survey report is available from induforgroup.com
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