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Timber Prices listed below are compiled from indicative prices provided by selected sawmills from different regions of Malaysia.  The prices listed are to serve as a guide and quotations issued by suppliers may vary, based on specifications, sizes and grades.

*AVERAGE DOMESTIC PRICES OF LOGS, SAWN TIMBER, PLYWOOD AND MDF
IN PENINSULAR MALAYSIA

RINGGIT MALAYSIA

MARCH 2019

SPECIES
LOGS/TON
SAWN TIMBER/M3
18" UP
GMS
STRIPS
SCANTLINGS
HEAVY HARDWOOD
Chengal
4,545
7,062
5,720
7,768
Balau
             3,200           3,390
                3,178
2,743
Red Balau 2,200 3,178     2,754               3,390
Merbau
              3,250            4,661
3,849
3,955
Mixed Heavy Hardwood
           1,000           1,024
812
1,028
MEDIUM HARDWOOD
Keruing
1,400
1,303
                  1,215
2,203
Kempas
1,900
2,592
                   2,472
2,825
Kapur
1,700
1,746
1,412
1,746
Mengkulang
1,350
2,225
1,081
2,126
Tualang
1,400
2,472
2,331
2,493
LIGHT HARDWOOD
Dark Red Meranti
2,080
2,036
1,695
3,001
Red Meranti
1,800
2,048
1,766
2,189
Yellow Meranti
1,200
1,568
1,236
1,271
White Meranti
1,480
2,472
1,412
2,260
Mersawa
1,700
1,836
1,695
2,048
Nyatoh
1,300
1,518
1,201
1,271
Sepetir
1,350
1,695
1,003
1,695
Jelutong
1,100
1,780
1,215
1,730
Mixed Light Hardwood
930
975
742
978
MALAYSIAN RUBBERWOOD        
Hevea brasiliensis
LOGS/TON
SAWN TIMBER/M3
170
1" X 1"
2" X 2"
3" X 3"
4" X 4"
1,100
1,178
1,335
1,580
PLYWOOD 4' X 8'
(RM per piece)
4mm
6mm
9mm
12mm
14.60
22.00
38.00
48.00
MDF 4' X 8'
(RM per piece)
4mm
6mm
9mm
12mm
13.00
16.24
21.96
28.64

Note : Log prices ex-balau. Sawn timber, plywood, MDF and Malaysian Rubberwood (Hevea brasiliensis) prices ex-mill

* Prices are only indicative

Malaysia's FTA Involvement

·         International trade is an important contributor to Malaysia's economic growth and development. Malaysia's trade policy is to pursue efforts towards creating a more liberalizing and fair global trading environment. While Malaysia continues to accord high priority to the rule-based multilateral trading system under the World Trade Organisation (WTO), Malaysia is also pursuing regional and bilateral trading arrangements to complement the multilateral approach to trade liberalisation.

·         Free Trade Agreements (FTAs) are generally aimed at providing the means to achieve quicker and higher levels of liberalisation that would create effective market access between the participants of the FTA. Traditionally confined to trade in goods, with the establishment of the WTO, trade in services has been included in many FTAs.

·         Today, FTAs currently pursued with selected countries are not confined to liberalisation and market opening measures alone. They are comprehensive and include investment, trade facilitation, intellectual property rights (IPR) as well as economic cooperation in areas such as:

o    competition policy;

o    standards and conformity assessment;

o    information and communication technology;

o    science and technology;

o    education and training;

o    research and development;

o    financial cooperation;

o    Small and Medium Enterprises (SMEs) development; and

o    paperless trading.

·         Malaysia 's objectives in negotiating FTAs are to:

o    seek better market access by addressing tariffs and non-tariff measures;

o    further facilitate and promote trade, investment and economic development;

o    enhance the competitiveness of Malaysian exporters; and

o    build capacity in specific targeted areas through technical cooperation and collaboration.

·         Malaysia has established FTAs with the following countries:

o    Japan;

o    Pakistan;

o    New Zealand;

o    India;

o    Chile; and

o    Australia.

  • At the regional level, Malaysia and its ASEAN partners have established the ASEAN Free Trade Area. ASEAN has also concluded FTAs with China, Japan, Korea and India, as well as Australia and New Zealand.


Malaysia's Free Trade Agreements

·         Malaysia-Australia

·         Malaysia-Chile

·         Malaysia-India

·         Malaysia-Japan

·         Malaysia-New Zealand

·         Malaysia-Pakistan

·         ASEAN-Australia and New Zealand

·         ASEAN-China

·         ASEAN-India

·         ASEAN-Japan

·         ASEAN-Korea

·         Malaysia-Turkey

·         Trade Prefential System-Organisation of Islamic Conference(TPS-OIC)

·         Developing Eight (D-8) Preferential Tariff Agreement (PTA)

Free Trade Agreements under Negotiation

·         Malaysia-European Union Free Trade Agreement (MEUFTA)

·         Trans-Pacific Partnership Agreement (TPPA)

·         Malaysia-EFTA Economic Partnership Agreement (MEEPA)

·         ASEAN - Hong Kong Free Trade Agreement (AHKFTA)

·         ASEAN – Regional Comprehensive Economic Partnership (RCEP)

 

 

 

Corporate Banner

Establishment

Corporate Image 1

The Malaysian Timber Industry Board (MTIB) is a statutory body accredited to the Ministry of Plantation Industries and Commodities. MTIB was established in 1973 by an Act of Parliament. The main objective is to promote and coordinate the overall development of the timber industry.

Vision

To be the prime agency instrumental for the development of a competitive timber industry.

Mission

To enhance the sustainable growth of the Malaysian timber industry through the provision of a conducive environment and continuous extension of quality services.

Client's Charter

  1. Ensure that applications for registration as exporters, suppliers, processor,graders and jetty operators are approved within 3 days of receipt of the applications;
  2. Ensure that applications for the renewal of registration are approved within 2 days of receipt of the complete applications;
  3. Ensure that each application for the renewal of export and import licenses are processed online and approved within 30 minutes of receipt;
  4. Carry out timber inspection services on export consignments on the date of inspection requested, provided the application is received at least a day prior to the inspection date;
  5. Ensure full payment is made within 12 days after receipt of invoices;
  6. Conduct the Timber Verification Service in the period not exceeding 3 days after receipt of application;and
  7. Provide feedback to all trade inquiries received within 2 days.

Objective

MTIB is responsible for initiating development of the various sectors of the timber industry and providing technical, marketing and other forms of assistance to ensure their continued growth within a rapidly industrialising Malaysian economy. As specifically provided by the Act, MTIB objectives include: 

  1. To further enhance industrialisation and upgrading of the timber industry with emphasis on value-added processing.
  2. To promote and improve the markets and marketing of timber products.
  3. To facilitate and strengthen the development of SMEs.
  4. To develop and promote standard in quality timber products.
  5. To foster orderliness in timber trade.

Function 

  1. To regulate and control the trade in, and the marketing and distribution of timber;
  2. To promote and improve the trade in, and markets for timber;
  3. To co-ordinate activities for effective marketing and shipping of timber;
  4. To encourage effective utilization of timber with emphasis on product diversification and to promote improvement and economy in the methods of processing timber;
  5. To provide technical advisory services and training required to assist in the development of existing timber industries and the establishment of new industries;
  6. To assist the timber industries in the marketing of timber;
  7. To organize and assist in the consolidation of the small-scale timber industries and the closer integration of the activities of the timber industries generally, so as to achieve greater efficiency in, and secure a stronger base for, the timber industry as a whole;
  8. To gather information on and maintain records of all relevant matters relating to the timber industry; and
  9. Generally to do everything within the scope of the objectives for the betterment and proper conduct of the timber industry

 

With the aspiration to help promote Malaysian wood-based products to the world, MTIB participates in prominent local and international exhibitions, exhibiting wood-based products and new products. MTIB would like to invite wood-based manufacturers and entrepreneurs to exhibit their products at MTIB’s booth.
 

MTIB also participates in mini exhibitions in schools and higher educational institutions to impart knowledge and create awareness on the uses and properties of Malaysian timbers.

 

If interested participating in MTIB exhibitions listed below, please contact us or email to :

Mrs. Zanariah Othman (This email address is being protected from spambots. You need JavaScript enabled to view it.) / Mr. Nasrullah Ahmad (This email address is being protected from spambots. You need JavaScript enabled to view it.)

Tel : 03 - 9282 2235 (ext:1218/1373)

 

The main exhibitions participated by MTIB in 2019 would be as follows: 

NO.

LIST OF EXHIBITIONS

DATE

VENUE

1.

MALAYSIA INTERNATIONAL RENOVATION EXPO 2019

22 - 24 FEBRUARY 

KUALA LUMPUR CONVENTION CENTRE (KLCC) 

2.

MALAYSIAN INTERNATIONAL FURNITURE FAIR (MIFF)

8 - 11 MARCH  

 MALAYSIA INTERNATIONAL TRADE AND EXHIBITION CENTRE (MITEC)

3.

EXPORT FURNITURE EXHIBITION (EFE) 

9-12 MARCH 

KUALA LUMPUR CONVENTION CENTRE (KLCC)

4.

 ECOBUILD SOUTH EAST ASIA

19 - 21 MARCH 

MALAYSIA INTERNATIONAL TRADE AND EXHIBITION CENTRE (MITEC)

5.

  HOMEDEC PENANG (PART 1)

12 - 14 APRIL

SUBTERRANEAN PENANG INTERNATIONAL CONVENTION AND EXHIBITION (SPICE)

6.

HOMEDEC KUALA LUMPUR (PART 1)

18 - 21 APRIL 

KUALA LUMPUR CONVENTION CENTRE (KLCC) 

7.

PREMIER HOME FURNISHING EXPO IN THE NORTH (PENFURNEX)

25-29 APRIL 

SUBTERRANEAN PENANG INTERNATIONAL CONVENTION AND EXHIBITION (SPICE)  

8.

 ARCHIDEX 2019

3 - 6 JULY 

KUALA LUMPUR CONVENTION CENTRE (KLCC) 

9.

MODERN HOME FAIR 

21 - 23 JULY

MID VALLEY EXHIBITION CENTRE

10.

PERAK WOOD & LIFESTYLE FAIR

24 - 28 JULY

MYDIN MERU RAYA, IPOH 

11.

JOHOR WOOD & LIFESTYLE FAIR

1 - 4 AUGUST

ANGSANA MALL, JOHOR BAHRU 

12.

 KELANTAN WOOD & LIFESTYLE FAIR

24 - 29 SEPTEMBER

AEON MALL, KOTA BHARU

13.

HOMEDEC PENANG (PART 2)

4 - 6 OCTOBER

SUBTERRANEAN PENANG INTERNATIONAL CONVENTION AND EXHIBITION (SPICE)

14.

SABAH WOOD & LIFESTYLE FAIR

 17 - 20 OCTOBER

 TBC

15.

HOMEDEC KUALA LUMPUR (PART 2)

17 - 20 OCTOBER

KUALA LUMPUR CONVENTION CENTRE (KLCC)

16.

MELAKA WOOD & LIFESTYLE FAIR

TBC

TBC

 17.

TERENGGANU WOOD & LIFESTYLE FAIR

20 - 26 NOVEMBER

MYDIN GONG BADAK, KUALA TERENGGANU

18.

PREMIER HOME FURNISHING EXPO IN THE NORTH (PENFURNEX) - PART 2 

TBC

SUBTERRANEAN PENANG INTERNATIONAL CONVENTION AND EXHIBITION (SPICE)

  *TBC : TO BE CONFIRMED

 

 

 

 

 

 

 

 

 

 

 

 

 

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