Myanmar: Licensing conditions to be eased for timber enterprises

Sursa:
ITTO's Tropical Timber Market Report
Vizualizări:
4434
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Market conditions remain unchanged from last month report analysts in Myanmar. The domestic newspaper, Weekly Eleven of 27 March reported that licenses to operate sawmills and other wood processing industries have all been extended and only need to be renewed every five years in place of the present annual renewals.

It also reported that some procedural requirements for export of timber will be relaxed. These changes are expected to be formalised in the coming months. In other news, the Myanma Timber Enterprise is planning to switch to pricing in US dollars instead of Euro during the coming financial year. Analysts say, that while this will save time for the importers, it is still problematic for overseas importers to make payment in dollars as sanctions for remittance of US dollars have not been totally removed.

The change to pricing in dollars is still being discussed but looks inevitable say analysts. April will bring the Myanmar New Year and the long official holidays will start from April 12 to 21.  qThe following average prices were recorded during March 22 and 25 sales.

Grade Quantity (Tons) € per ton
4th Quality 10 5115
Sawing Grade-1 21 3301
Sawing Grade-2 36 3266
Sawing Grade-4 234 2640
Sawing Grade-5 135 1938
Sawing Grade-6 103 1891
Sawing Grade-7 64 1471


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.

Average teak prices in 2012
Average Prices in Euro € per hoppus ton during 2012 and 1st quarter 2013 prices are shown below.

Year/2012
Month
SG1 €/ton SG2 €/ton SG4 €/ton
January 3522 3028 2189
February 3333 2919 2229
March 3533 3006 2378
April 3260 2789 2306
May 3417 2870 2393
June 3593 2975 2412
July 3110 2688 2190
August 3166 2887 2328
September 3123 2461 2262
October 3313 2782 2144
November 3600 3046 2325
December 3701 2778 2141
Jan-13 3426 2805 2526
Feb-13 3312 3048 2502
Mar-13 3301 3266 2640

 

Year/2012
Month
SG5 €/ton SG6 €/ton SG7 €/ton
January 1614 1334 821
February 1694 1332 837
March 1753 1365 996
April 1739 1381 1112
May 1784 1375 1102
June 1688 1335 1040
July 1744 1472 1223
August 1753 1480 1255
September 1587 1385 1200
October 1639 1364 1205
November 1800 1482 1227
December 1777 1639 1313
Jan-13 1823 1678 1366
Feb-13 1872 1615 1453
Mar-13 1938 1691 1471
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