Malaysia: MTIB targets RM53 billion exports by 2020

  • July 06, 2010
  • • Source: ITTO's Tropical Timber Market Report
  • • Views: 6389
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The Malaysian Timber Industry Board (MTIB) targets RM53 billion in wood and timber product exports by 2020. The target is achievable if the current trend in sales continues, says an analyst. The Malaysian timber industry is recovering after two years of recession. Exports of Malaysian wood and timber products reached RM6.9 billion in the first four months of 2010, up 22% from the same period in 2009.

Sungai Pinangah achieves milestone towards certification
Some 188,610 hectares of forests in Sungai Pinangah Forest Reserve managed by the Yayasan Sabah Group have attained the Verification of Legal Compliance (VLC) from the Rainforest Alliance under its SmartWood certification programme. The VLC was the first to be granted in Sabah. Earlier, the same forest area had received the Smartwood Standard for Verification of Legal Origin (VLO).

The acquisition of the VLO and VLC is a requirement for the attainment of full certification under the FSC. The Rainforest Alliance is working with Yayasan Sabah’s Innoprise Corporation Sdn Bhd and the Forest Research Institute of Malaysia (FRIM) to fulfil the Reduced Impact Logging contract singed in 1992 between the New England Power Company of Boston and Yayasan Sabah.

Malaysia Log Prices
Malaysia Log Prices
Sarawak log, FOB US$ per m³
Meranti SQ up 233-258
Small
216-247
Super small
208-232
Keruing SQ up 222-234
Small
202-232
Super small
180-210
Kapur SQ up 212-237
Selangan Batu SQ up 193-230

Pen. Malaysia logs, domestic (SQ) US$ per m³
DR Meranti 239-258
Balau 304-333
Merbau 336-368
Rubberwood 71-105
Keruing 223-239
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
397-433
White Meranti A & up
286-316
Seraya Scantlings (75x125 KD)
437-450
Sepetir Boards
254-276
Sesendok 25,50mm
348-366
Kembang Semangkok
306-329

Malaysian Sawnwood, domestic
US$ per m³
Balau (25&50mm,100mm+)
328-348
Merbau
461-513
Kempas 50mmx (75,100 & 125mm)
262-302
Rubberwood 25x75x660mm up
217-267
50-75mm Sq.
256-288
>75mm Sq.
278-307


Malaysia Plywood Prices
Malaysia ply MR BB/CC, FOB US$ per m³
2.7mm
412-474
3mm
392-422
9mm & up
339-411
Meranti ply BB/CC, domestic US$ per m³
3mm
335-426
12-18mm
319-348


Other Malaysia Panel Prices
Malaysia, Other Panels, FOB US$ per m³
Particleboard Export 12mm & up
231-254
Domestic 12mm & up
216-233
MDF            Export 15-19mm
284-315
Domestic 12-18mm
274-292


Malaysia Added Value Product Prices
Malaysia, Mouldings, FOB US$ per m³
Selagan Batu Decking
541-551
Red Meranti Mouldings 11x68/92mm x 7ft up
Grade A
556-569
Grade B
509-519


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
582-615
Standard
566-586