Indonesia: Bali furniture exports edge up

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ITTO's Tropical Timber Market Report
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The Indonesian province of Bali, better known for tourism, reported that its furniture exports had edged up to US$13.4 million for the first four months of 2011.

Furniture exports accounted for around 8% of Bali’s total exports for the period. The export of furniture is one of the 14 major export products for the province.

Competition eating into Indonesia’s market share
The Indonesian Chamber of Commerce has expressed concern that Indonesia is losing market share in its trade with the EU. It added that stiff competition from China, India, Thailand and Vietnam is cutting into Indonesia’s market share in the EU market.

Meanwhile, on the same note, Indonesia and the EU have agreed to commence negotiations that will lead to a free trade agreement (FTA) between the two.

The EU is currently undertaking similar negotiation with several other Asian countries, including Japan, Singapore and has just concluded an FTA with South Korea.

The EU negotiating team has handed a list of recommendations to Indonesia for the negotiation of a Comprehensive Economic Partnership Agreement (CEPA). The FTA is expected to cover up to 95% of tariff lines and trade values over a period of nine years.

Indonesia Log Prices Indonesia Log Prices
Indonesia logs, domestic prices US$ per m³
Plywood logs Face Logs 217-260
Core logs 202-231
Sawlogs (Meranti)
211-271
Falcata logs
181-216
Rubberwood
91-95 
Pine
190-233
Mahoni (plantation mahogany)
494-524

Indonesia Sawnwood Prices
Indonesia, construction material, domestic US$ per m³
Kampar (Ex-mill) AD 3x12-15x400cm 203-222
KD 218-253
AD 3x20x400cm 239-262
KD 240-269
Keruing (Ex-mill) AD 3x12-15x400cm 254-268
AD 2x20x400cm 242-260
AD 3x30x400cm 225-244

Indonesia Plywood Prices
Indonesia ply MR BB/CC, FOB
US$ per m³
2.7mm
426-482
3mm
384-425
6mm
363-405
MR Plywood (Jakarta), domestic
9mm
282-293
12mm
274-243
15mm
264-278

Other Indonesia Panel Prices
Indonesia, Other Panels, FOB
US$ per m³
Particleboard Export     9-18 mm 240-249
Domestic 9 mm 220-232
               12-15mm 214-226
               18mm 210-22
MDF Export     12-18mm 270-285
Domestic 12-18mm 254-266

Indonesia Added Value Product Prices
Indonesia, Mouldings, FOB
US$ per m³
Laminated Boards Falcata wood 322-335
Red Meranti Mouldings 11x68/92mm x 7ft up

Grade A 515-546
Grade B 470-493
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