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Japan Wood Products Prices

01-15th August 2007

Japan Wood Products Prices
Dollar Exchange Rates of  16th
August  2007
Japan Yen 116.69

Reports From Japan

Sluggish market brings Southsea timber prices down
Reports from the Japan Lumber Journal indicate that prices for Southsea logs fell during the month of July. The main reasons for this were increasing inventories of domestic logs and sluggish sales of plywood products. Prices for Malaysian logs in particular had gone down, especially for small and super small diameters, due to increasing supply. Prices for Papua New Guinean logs had also decreased, due to lack of interest from Chinese buyers.

Japan’s imports of Southsea logs in May 2007 were 88,100 m3 and shipments were 98,600 m3. From January to June 2007, imports of Southsea timber products were 242,950 m3. Southsea lumber imports were relatively low in June, since importers were not able to conclude many contracts due to high spot prices.



LM        Loyale Merchant, a grade of log parcel  Cu.m         Cubic Metre
QS         Qualite Superieure    Koku         0.278 Cu.m or 120BF
CI          Choix Industriel                                                       FFR            French Franc
CE         Choix Economique                                                        SQ              Sawmill Quality
CS         Choix Supplimentaire      SSQ            Select Sawmill Quality
FOB      Free-on-Board     FAS            Sawnwood Grade First and
KD        Kiln Dry                               Second 
AD        Air Dry        WBP           Water and Boil Proof
Boule    A Log Sawn Through and Through MR              Moisture Resistant
              the boards from one log are bundled                      pc         per piece      
              together                      ea                each      
BB/CC  Plywood grades. Letter(s) on the left indicate face veneer(s), those on the right backing veneer(s). Veneer grade decreases in order B, BB, C, CC, etc. MBF           1000 Board Feet          
              Plywood   MDF           Medium Density Fibreboard
BF         Board Foot F.CFA         CFA Franc        
Sq.Ft     Square Foot  PHND             Pin hole no defect grade
Hoppus ton     1.8 cubic metres              Price has moved up or down

Source: ITTO'  Tropical Timber Market Report

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