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    China demand and BNI report boost Indonesia prices
 

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China demand and BNI report boost Indonesia prices
06/03/2008 - 16:09

Prices of Indonesian timber products were mixed. Demand from China has helped prevent a drastic slide in prices. Prices were further supported by a recent announcement by Bank Negara Indonesia (BNI), which stated that a 40% increase in housing loans was expected this year. The Jakarta Post reported on BNI’s forecast, which was based on strong demand for housing loans and a robust housing industry. BNI estimated that housing credits were growing yearly, with a total need for 400,000 units annually.

Indonesia Log Prices (domestic)
Indonesia logs, domestic prices US$ per m3
Plywood logs Face Logs 233-273
Core logs 175-205
Sawlogs (Meranti)   230-270
Falcata logs   176-192
Rubberwood   210-233
Pine   204-229
Mahoni (plantation mahogany)   604-650↓
 
Indonesia Sawnwood Prices
Indonesia, construction material, domestic US$ per m3
Kampar (Ex-mill) AD 3x12-15x400cm 246-255 ↑
KD 327-340
AD 3x20x400cm 348-369
KD 370-382
Keruing (Ex-mill) AD 3x12-15x400cm 280-290
AD 2x20x400cm 269-279
AD 3x30x400cm 275-284
 
Indonesia Plywood Prices
Indonesia ply MR BB/CC, FOB US$ per m3
2.7mm   470-500
3mm   412-471
6mm   389-411
MR Plywood (Jakarta), domestic
9mm   327-340
12mm   302-324
15mm   300-331
 
Other Indonesia Panel Prices
Indonesia, Other Panels, FOB US$ per m3
Particleboard Export 9-18mm 234-244
Domestic 9mm 199-216↑
12-15mm 186-201↑
18mm 182-188↑
MDF Export 12-18mm 308-320
Domestic 12-18mm 250-272
 
Indonesia Added Value Product Prices
Indonesia, Mouldings, FOB US$ per m3
Laminated Boards Falcata wood 379-398
Red Meranti Mouldings 11x68/92mm x 7ft up
  Grade A 670-694↓
Grade B 595-635↓
(ITTO's Tropical Timber Market Report)
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