| EC and Malaysia in final stages of VPA negotiations |
| 22/05/2009 - 08:10 |
The EC and Malaysia are entering into the final stages of a
bilateral Voluntary Partnership Agreement (VPA) in the
trade of legally produced and harvested timber, reported
Bernama. Senior trade negotiators will meet in June or
July 2009 to resolve outstanding issues once the technical
aspects of the Agreement are approved by both sides.
According to Vincent Piket, Ambassador and Head of
Delegation of the European Commission in Malaysia,
legal mechanisms were being finalized in the EU to stop
the problem of trade in illegally harvested timber and thus
it was vital the VPA be agreed upon soon. Malaysia
exports up to RM2.8 billion (EUR600 million) worth of
timber products to the EU every year.
PEFC endorses MTCS
On 5 May, the Programme for the Endorsement of
Certification (PEFC) announced that the Malaysian
Timber Certification Scheme (MTCS) had become the
first tropical timber certification scheme in the Asia-
Pacific region to be endorsed by the Programme. The
MTCS, which is operated by the Malaysian Timber
Certification Council (MTCC), is also the only tropical
scheme to be endorsed by the PEFC after the Gabonese
Forest Certification Scheme, reported The Daily Express.
The Chairman of the MTCC, Dato Dr. Freezailah Che
Yeom, said the endorsement allows the MTCS to gain
mutual recognition with 26 other PEFC-related
certification schemes. It also allows MTCS-certified
manufacturers and exporters to combine PEFC-certified
material from Malaysia with other PEFC-certified material
under the PEFC logo.
MTC sees potential in Middle East amid global exports
decline
The Malaysian Timber Council (MTC) continues to
believe the Middle East holds much potential for
Malaysian timber products in spite of the current global
economic slowdown affecting its traditional markets,
reported Bernama. Malaysia exported RM1.7 billion
worth of timber products to the Middle East in 2008, in
which the UAE accounted for RM850 million.
The Star indicated Malaysian exports of all products
continued to fall in March, declining for the sixth month in
a row to RM43.6 billion, a 15.6% drop from the same
period 2008. Exports contracted 20% to RM121.47 billion
and imports declined 28.9% to RM88.8 billion in the first
quarter of 2009. Total trade amounted to RM210.27
billion, marking an overall decline of 24%.
Malaysia Log Prices
Malaysia
Log Prices
| Sarawak
log, FOB |
US$
per m³ |
| Meranti SQ up |
229-253 ⇓ |
|
Small
|
211-242 ⇓ |
|
Super small
|
200-224 ⇓ |
| Keruing SQ up |
216-228 ⇓ |
|
Small
|
187-218 |
|
Super small
|
162-193 |
| Kapur SQ up |
206-231 ⇓ |
| Selangan Batu SQ up |
178-215 |
|
| Pen. Malaysia
logs, domestic (SQ) |
US$ per m³ |
| DR Meranti |
232-251 ⇓ |
| Balau |
298-325 ⇓ |
| Merbau |
322-357 ⇓
|
| Rubberwood |
42-77 ⇑ |
| Keruing |
215-231 ⇓ |
| 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 |
| White Meranti A & up |
280-311 ⇓
|
| Seraya Scantlings (75x125 KD) |
450-465 ⇓
|
| Sepetir Boards |
249-271 ⇓
|
| Sesendok 25,50mm |
351-369 ⇓
|
| Kembang Semangkok |
294-317 ⇓
|
|
| Malaysian
Sawnwood, domestic |
US$ per m³
|
| Balau (25&50mm,100mm+) |
331-351 ⇓
|
| Merbau |
474-525 ⇓
|
| Kempas 50mmx (75,100 & 125mm) |
260-300 ⇓
|
| Rubberwood |
25x75x660mm up |
196-246 ⇑
|
| 50-75mm Sq. |
237-269 ⇑
|
| >75mm Sq. |
259-288 ⇑
|
Malaysia Plywood Prices
| Malaysia
ply MR BB/CC, FOB |
US$
per m³ |
| 2.7mm |
415-477
|
| 3mm |
392-422
|
| 9mm & up |
337-409
|
| Meranti ply
BB/CC, domestic |
US$ per m³ |
|
3mm
|
388-429
|
|
12-18mm
|
322-351
|
Other
Malaysia Panel Prices
| Malaysia,
Other Panels, FOB |
US$
per m³ |
| Particleboard Export 12mm & up |
229-252
|
|
Domestic 12mm & up
|
214-231
|
| MDF
Export 15-19mm |
284-316
|
|
Domestic 12-18mm
|
273-291
|
Malaysia
Added Value Product Prices
| Malaysia,
Mouldings, FOB |
US$
per m³ |
| Selagan Batu Decking |
547-557
|
| Red Meranti Mouldings 11x68/92mm x 7ft up |
|
Grade A
|
563-576
|
|
Grade B
|
514-523
|
Malaysia
Furniture and Parts Prices
| Malaysia,
Rubberwood, FOB |
US$ per piece |
| Semi-finished dining table solid laminated top
2.5'x4', extension leaf |
58-74
|
| As above, Oak Veneer |
65-79
|
| Windsor Chair |
57-59
|
| Colonial Chair |
55-60
|
| Queen Anne Chair (soft seat) |
without arm |
55-63
|
| with arm |
55-64
|
| Chair Seat 27x430x500mm |
43-48
|
| Rubberwood
Tabletop |
US$ per m³ |
| 22x760x1220mm sanded & edge
profiled |
|
Top Grade
|
556-588 |
|
Standard
|
541-559 |
|
| (ITTO's Tropical Timber Market Report) |
 |
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