Malaysian construction sector suffers continuing slump
- Июнь 13, 2009
- • Источник: ITTO's Tropical Timber Market Report
- • Просмотров : 8797
Demand for construction materials in Malaysia continued
to decline, pushing down prices for construction materials.
Steel, a competitor with timber products, was expected to
further drop 25% in price in 2009. The trends, reported by
the Malaysian Iron & Steel Industry Federation in The
Star, showed declines in production of 10.7% to 7.8
million tons in 2008. Domestic prices of steel bars had
tumbled from RM3,800 per ton in July 2008 to RM2,000
in recent weeks.
MFPC Chair calls for new marketing strategies
As reported in the Business Times, Chairman of the Malaysian Furniture Promotional Council (MFPC) Mr. Merlyn Kasimir encouraged Malaysian furniture manufacturers to enhance new marketing strategies to reposition themselves globally while achieving higher productivity and maintaining lower production costs. In 2008, exports of Malaysian furniture grew by 2% and were worth RM8.72 billion, while imports of furniture grew 9.8% and valued at RM1.5 billion. However, trade in Malaysian furniture exports declined by 14.2% in January 2009 and 13.8% in February 2009. On an annual basis, Malaysian furniture exports were worth about 2.5% of the world furniture trade.
Sarawak scales back timber quota rate
According to Bernama News, Sarawak scaled back the enforcement of its rules on the timber quota rate for the first six months of 2009 to help timber exporters weather the global recession. The standard royalty rate for timber has already been reduced from RM65 to RM50 per meter from January to December 2009. The payment period for timber royalties has also been extended from two weeks to three months.
Exports of timber products from Sarawak declined about 30% to RM1.3 billion in the first quarter of 2009, compared to RM1.9 billion in the first quarter of 2008. The volume of timber products also dropped 34% during the same period. Royalties from timber products plunged by about 39% to RM82.6 million in the first quarter of 2009, compared to RM134.9 million in the first quarter of 2008.
In 2008, the Sarawak timber industry registered a 2.6% rise in export revenues worth RM7.9 billion compared to RM7.7 billion in 2007.
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
MFPC Chair calls for new marketing strategies
As reported in the Business Times, Chairman of the Malaysian Furniture Promotional Council (MFPC) Mr. Merlyn Kasimir encouraged Malaysian furniture manufacturers to enhance new marketing strategies to reposition themselves globally while achieving higher productivity and maintaining lower production costs. In 2008, exports of Malaysian furniture grew by 2% and were worth RM8.72 billion, while imports of furniture grew 9.8% and valued at RM1.5 billion. However, trade in Malaysian furniture exports declined by 14.2% in January 2009 and 13.8% in February 2009. On an annual basis, Malaysian furniture exports were worth about 2.5% of the world furniture trade.
Sarawak scales back timber quota rate
According to Bernama News, Sarawak scaled back the enforcement of its rules on the timber quota rate for the first six months of 2009 to help timber exporters weather the global recession. The standard royalty rate for timber has already been reduced from RM65 to RM50 per meter from January to December 2009. The payment period for timber royalties has also been extended from two weeks to three months.
Exports of timber products from Sarawak declined about 30% to RM1.3 billion in the first quarter of 2009, compared to RM1.9 billion in the first quarter of 2008. The volume of timber products also dropped 34% during the same period. Royalties from timber products plunged by about 39% to RM82.6 million in the first quarter of 2009, compared to RM134.9 million in the first quarter of 2008.
In 2008, the Sarawak timber industry registered a 2.6% rise in export revenues worth RM7.9 billion compared to RM7.7 billion in 2007.
Malaysia Log Prices
| Sarawak log, FOB | US$ per m³ |
| Meranti SQ up | 228-252 ⇓ |
|
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 | 320-353 ⇓ |
| 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) |
448-463 ⇓
|
|
| Sepetir Boards |
249-271
|
|
| Sesendok 25,50mm |
350-368 ⇓
|
|
| Kembang Semangkok |
294-317
|
|
| Malaysian Sawnwood, domestic |
US$ per m³
|
|
| Balau (25&50mm,100mm+) |
330-350 ⇓
|
|
| Merbau |
472-523 ⇓
|
|
| 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 |
414-476 ⇓
|
| 3mm |
391-421 ⇓
|
| 9mm & up |
336-408 ⇓
|
| Meranti ply BB/CC, domestic | US$ per m³ |
|
3mm
|
387-428 ⇓
|
|
12-18mm
|
321-350 ⇓
|
Other Malaysia Panel Prices
| Malaysia, Other Panels, FOB | US$ per m³ |
| Particleboard Export 12mm & up |
228-251 ⇓
|
|
Domestic 12mm & up
|
213-230 ⇓
|
| MDF Export 15-19mm |
283-315 ⇓
|
|
Domestic 12-18mm
|
272-290 ⇓
|
Malaysia Added Value Product Prices
| Malaysia, Mouldings, FOB | US$ per m³ |
| Selagan Batu Decking |
543-553 ⇓
|
| Red Meranti Mouldings 11x68/92mm x 7ft up | |
|
Grade A
|
559-572 ⇓
|
|
Grade B
|
510-519 ⇓
|
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
|
554-586 ⇓ | |
|
Standard
|
539-557 ⇓ | |