In addition, the MTE reports that it has six plywood mills and several furniture and moulding plants for the production of wood products for export. While there are some modern mills in the country the MTE points out that many mills need re-tooling with more advanced processing equipment. As a result, says the MTE, the current milling capacity is well below the annual allowable harvest which means there are logs available for export.
Myanmar Teak Log Auction Prices (natural forest logs)
Purchases were made by competitive bidding in September 2011.
Myanmar Teak Log Auction Prices (natural forest logs)
Teak Logs, FOB | € Avg per Hoppus Ton (traded volume) |
|
Veneer Quality
|
Sep | Oct |
2nd Quality | nil | nil |
3rd Quality | nil | nil |
4th Quality | 4,503 (10 tons) |
4,630 (11 tons) |
Sawing Quality
|
||
Grade 1 (SG-1) | 3,186 (33 tons) |
3,200 (15 tons) |
Grade 2 (SG-2) | 2,879 (44 tons) |
2,880 (209 tons) |
Grade 4 (SG-4) | 2,092 (216 tons) |
2,092 (216 tons) |
Grade 5 (SG-5) Assorted | 1,554 (133 tons) |
1,494 (219 tons) |
Grade 6 (SG-6) Domestic | 1,382 (110 tons) |
1,343 (59 tons) |
Grade 7 (ER-1) | 1090 (34 tons) |
975 (40 tons) |
Grade 7 (ER-1) | 975 (40 tons) |
1,100 (30 tons) |
Hoppus ton=1.8m³; All grades, except SG-3/5/6, are length 8' x girth 5' &up. SG-3/4/6 are girth 4' &up. SG-3 grade is higher than SG-4 but with lower girth and price.
Prices differ due to quality or girth at the time of the transaction.
September hardwood log prices
Hardwood log prices FOB per hoppus ton | Euro per m3 |
Pyinkado export
quality
|
566 (201 tons) |
Gurjan export quality
|
397 (241 tons) |
Padauk export
quality
|
2136 (31 tons) |