The following items were sold by competitive bidding on 21and 24 February 2014 at the Myanmar Timber Enterprise (MTE) tender hall.
Teak log sales by open tender 21 February 2014 Average FOB price
Grade | H. Tons | US$ per hoppus ton |
Sawing Grade-2 | 13 | US$ 4,422 |
Sawing Grade-4 | 186 | US$ 3,438 |
Sawing Grade-5 | 62 | US$ 2,477 |
Sawing Grade-6 | 112 | US$ 2,132 |
Sawing Grade-7 | 134 | US$ 1,610 |
Note: H. ton 50 cubic feet. To be shipped as logs
Hardwood logs sales by tender 21 February 2014
Species | H. tons | Avg. Price/H.Ton FOB |
Gurjan | 71 | US$ 343 |
Kanyin | 223 |
Note: H. ton 50 cubic feet. To be shipped as logs
Teak logs sales by Special Open Tender 21 February 2014 Yangon
Grade | H. Tons | US$ per hoppus ton |
SG-7 | 762 | US$ 697 |
SG-8 | 121 | US$ 521 |
SG-9 | 5 | US$ 410 |
Posts (logs) | 20 | US$ 351 |
Note: H. ton 50 cubic feet. To be shipped as logs
Teak logs sales by Special Open Tender 21 February 2014 Yangon
Grade | H. Tons | US$ per hoppus ton |
SG-7 | 2061 | US$ 1007 |
Note: H. ton 50 cubic feet. To be shipped as logs
Sawn Teak by Special Open Tender 7 February 2014
Products | Grade | Hoppus tons | Average US$/h. ton FOB |
Teak Flitches | Special | 9 | US$ 3,158 |
Teak Fkitches | First | 15 | US$ 2,698 |
Teak Scantlings | Third | 8 | US$ 411 |
Note: H. ton 50 cubic feet.
Flitches: width 6-17.5inch x thickness 3–10inch x length 6-15.5ft.
Scantlings: width 1.5-15inch x thickness 0.5-10.5inch x length 1.5-23ft.