Auctions at forest depots in the South Dangs Division have been concluded. Around 17,000 cubic metres of teak and other hardwoods were offered for sale.
Participants in the auction commented that the quality of the logs was good and most of the logs sold briskly. Only a few lots remained unsold as the buyers felt that the reserve prices for these lots were too high.
Average prices recorded at the most recent auction are as follows:
| Teak logs | Per cubic foot |
| A for sawing | Rs.2200-2300 |
| B for sawing | Rs. 2100-2200 |
| A Long length | Rs. 1900-2000 |
| B Long length | Rs. 1600-1800 |
| Long length, Medium Quality | Rs. 1600-1800 |
| Short Length, Medium Quality | Rs. 1200-1500 |
| Short Length, small logs | Rs. 1000-1200 |
Variations are based on quality, length and average girth of logs
Good quality non-teak hardwood logs 3-4 metre long having girths 91cms and up of haldu (Adina cordifolia), laurel (Terminalia tomentosa), kalam (Mitragyna parviflora) and Pterocarpus marsupium attracted prices in the range of Rs. 800-900 per cubic foot. Medium quality logs went for between Rs.300-350 per cubic foot.
Prices for imported plantation teak, C&F Indian ports
Prices are unchanged from the end of September.
| US$ per m3 | |
| Angola logs | 459-574 |
| Belize logs | 350-400 |
| Benin logs | 304-628 |
| Benin sawn | 530-872 |
| Brazil logs | 370-596 |
| Brazil squares | 370-556 |
| Cameroon logs | 405-538 |
| Colombia logs | 262-811 |
| Congo logs | 451-500 |
| Costa Rica logs | 320-780 |
| Côte d'Ivoire logs | 277-552 |
| Ecuador squares | 330-564 |
| El-Salvador logs | 381-934 |
| Ghana logs | 273-500 |
| Guatemala logs | 360-646 |
| Guyana logs | 300-450 |
| Uganda teak sawn | 680-900 |
| Kenya logs | 515-600 |
| Laos logs | 300-605 |
| Liberia logs | 265-460 |
| Malaysian logs | 225-516 |
| Nicaragua logs | 402-505 |
| Panama logs | 381-430 |
| PNG logs | 443-575 |
| Sudan logs | 468-620 |
| Tanzania, teak, sawn | 307-613 |
| Thailand logs | 511-700 |
| Togo logs | 354-542 |
| Trinidad and Tobago logs | 557-680 |
| Uganda logs | 411-542 |
| Uganda Teak sawn | 680-900 |
Variations are based on quality, length and average girth of logs
Prices for locally sawn hardwoods
Despite the otherwise gloomy prospects in the sawnwood market some price increases have been reported.
| Sawnwood, (Ex-mill) (AD) | Rs. per ft3 |
|
Merbau
|
1600-1750 |
|
Balau
|
1500-1600 |
|
Resak
|
1200-1400 |
|
Kapur
|
1350-1450 |
|
Kempas
|
1200-1300 |
|
Red Meranti
|
1100-1250 |
|
Radiata pine AD
|
525-750 |
|
Whitewood
|
625-750 |
Variations are based on quality, length and average girth of logs
Myanmar teak logs sawn in India
No price movements have been reported
| Sawnwood (Ex-mill) | Rs. per ft3 |
| Myanmar Teak (AD) | |
|
Export Grade F.E.Q.
|
8000-14000 |
|
Plantation Teak A grade
|
5500-6500 |
|
Plantation Teak B grade
|
4500-5000 |
|
Plantation Teak FAS grade
|
3500-4000 |
Price variations depend mainly on length and cross section
Prices for imported sawnwood (KD 12%)
| Sawnwood, (Ex-warehouse) (KD) | Rs per ft3 |
| Beech | 1400-1450 |
| Sycamore | 1400-1450 |
| Red oak | 1500-1650 |
| White Oak | 1600-1800 |
| American Walnut | 2400-3000 |
| Hemlock clear grade | 1300-1400 |
| Hemlock AB grade | 1200-1300 |
| Western Red Cedar | 1600-1650 |
| Douglas Fir | 1250-1350 |
Price variations depend mainly on length and cross section.
Domestic plywood prices
Prices for WBP Marine grade plywood from domestic mills
| Plywood, | Rs per sq.ft |
| Ex-warehouse. (MR Quality) | |
| 4 mm | 39.50 |
| 6 mm | 52.50 |
| 9 mm | 66.50 |
| 12 mm | 82.00 |
| 15 mm | 109.00 |
| 18 mm | 114.50 |
Domestic ex-warehouse prices for locally manufactured MR plywood
| Locally Manufactured Plywood “Commercial Grade” |
Rs per sq.ft | |
| Rubberwood | Hardwood | |
| 4mm | Rs.20.00 | Rs.29.60 |
| 6mm | Rs.30.30 | Rs.38.00 |
| 8mm | Rs.38.20 | Rs.46.00 |
| 12mm | Rs.45.40 | Rs.55.80 |
| 15mm | Rs.55.80 | Rs.68.00 |
| 19mm | RS.64.60 | Rs.76.30 |
| 5mm Flexible ply | Rs.40.00 | |