Prices of Indonesias Merbau lumber showed the rising trend in June. Its reported that, because of the unstable market situation of Merbau, many wood dealers declined the stocks of Merbau lumber to reduce the risks of operation. However, with the increase of market consumption of Merbau lumber, the supple of lumber was highly behind the demand, which further caused the jump of Merbau price in Chinese wood market.
Prices of certain Merbau lumber are as follows:
|
Species
|
Description
|
Price (RMB/m3)
|
|
Red Walnut
|
2.2-2.6m*5cm, Without knot
|
3800
|
|
Apitrong
|
2.2-2.6m*5cm
|
5400-6000
|