Malaysia: Ensuring continued access to the EU timber market
The Timber Exporters’ Association of Malaysia (TEAM) has urged the federal government to sign the Voluntary Partnership Agreement (VPA) under the Forest Law Enforcement, Governance and Trade (FLEGT) Action Plan with the European Union (EU) in order that Malaysia can gain wider access to the EU timber market.
To date, Ghana, the Republic of Congo and Cameroon have signed VPAs with the EU.
Access to the EU timber market is becoming a critical issue for Malaysian timber producers. Due to the debt crisis in Europe, the Euro has weakened against the Malaysian Ringgit. This has the effect of making Malaysian exports more expensive.
Sabah furniture manufacturers seek relief from high costs
Furniture exporters from Sabah in East Malaysia complain that their market position is at risk due to high production costs, increasing ocean freight charges, unreliable power supply and tight raw material supplies.
The reason for the complaint is that the fee for a furniture export license is RM5,000 in Sabah, compared to only RM200 in West Malaysia. The EU market, which accounted for some 90% of Sabah’s furniture exports has weaken and as a result, Sabah's position as the nation's leading outdoor furniture exporter is at risk.
Furniture manufacturers from Sabah are also seeking aid from the federal government to compensate for production losses caused by power blackouts.
Malaysia Log Prices
Malaysia Log Prices
Malaysia Sawnwood Prices
Malaysia Plywood Prices
Other Malaysia Panel Prices
Malaysia Added Value Product Prices
Malaysia Furniture and Parts Prices
Access to the EU timber market is becoming a critical issue for Malaysian timber producers. Due to the debt crisis in Europe, the Euro has weakened against the Malaysian Ringgit. This has the effect of making Malaysian exports more expensive.
Sabah furniture manufacturers seek relief from high costs
Furniture exporters from Sabah in East Malaysia complain that their market position is at risk due to high production costs, increasing ocean freight charges, unreliable power supply and tight raw material supplies.
The reason for the complaint is that the fee for a furniture export license is RM5,000 in Sabah, compared to only RM200 in West Malaysia. The EU market, which accounted for some 90% of Sabah’s furniture exports has weaken and as a result, Sabah's position as the nation's leading outdoor furniture exporter is at risk.
Furniture manufacturers from Sabah are also seeking aid from the federal government to compensate for production losses caused by power blackouts.
Malaysia Log Prices
| Sarawak log, FOB | US$ per m³ |
| Meranti SQ up | 232-256 |
|
Small
|
215-246 |
|
Super small
|
207-231 |
| Keruing SQ up | 221-233 ⇑ |
|
Small
|
201-231 ⇑ |
|
Super small
|
179-209 ⇑ |
| Kapur SQ up | 211-236 |
| Selangan Batu SQ up | 191-228 ⇑ |
| Pen. Malaysia logs, domestic (SQ) | US$ per m³ |
| DR Meranti | 238-257 |
| Balau | 303-332 |
| Merbau | 333-365 ⇑ |
| Rubberwood | 68-102 ⇑ |
| Keruing | 222-238 |
| Peninsular Malaysian meranti logs are top grade and are used for scantlings for the EU. Their prices are higher than Sarawaks. | |
Malaysia Sawnwood Prices
| Malaysia Sawnwood, FOB | US$ per m³ | |
| DR
Meranti |
396-432 | |
| White Meranti A & up |
284-314
|
|
| Seraya Scantlings (75x125 KD) |
436-449
|
|
| Sepetir Boards |
253-275
|
|
| Sesendok 25,50mm |
347-365
|
|
| Kembang Semangkok |
304-327
|
|
| Malaysian Sawnwood, domestic |
US$ per m³
|
|
| Balau (25&50mm,100mm+) |
327-347
|
|
| Merbau |
461-513 ⇑
|
|
| Kempas 50mmx (75,100 & 125mm) |
261-301
|
|
| Rubberwood | 25x75x660mm up |
215-265 ⇑
|
| 50-75mm Sq. |
254-286 ⇑
|
|
| >75mm Sq. |
276-305 ⇑
|
|
Malaysia Plywood Prices
| Malaysia ply MR BB/CC, FOB | US$ per m³ |
| 2.7mm |
411-473
|
| 3mm |
391-421
|
| 9mm & up |
338-410
|
| Meranti ply BB/CC, domestic | US$ per m³ |
|
3mm
|
334-425
|
|
12-18mm
|
318-347
|
Other Malaysia Panel Prices
| Malaysia, Other Panels, FOB | US$ per m³ |
| Particleboard Export 12mm & up |
230-253
|
|
Domestic 12mm & up
|
215-232
|
| MDF Export 15-19mm |
283-314
|
|
Domestic 12-18mm
|
273-291
|
Malaysia Added Value Product Prices
| Malaysia, Mouldings, FOB | US$ per m³ |
| Selagan Batu Decking |
539-549
|
| Red Meranti Mouldings 11x68/92mm x 7ft up | |
|
Grade A
|
554-567
|
|
Grade B
|
507-517
|
Malaysia Furniture and Parts Prices
| Malaysia, Rubberwood, FOB | US$ per piece | |
| Semi-finished dining table solid laminated top 2.5'x4', extension leaf |
64-80
|
|
| As above, Oak Veneer |
71-85
|
|
| Windsor Chair |
63-65
|
|
| Colonial Chair |
61-66
|
|
| Queen Anne Chair (soft seat) | without arm |
61-69
|
| with arm |
61-70
|
|
| Chair Seat 27x430x500mm |
49-54
|
|
| Rubberwood Tabletop | US$ per m³ | |
| 22x760x1220mm sanded & edge profiled | ||
|
Top Grade
|
580-613 | |
|
Standard
|
564-584 | |