Prices for domestic wood products in Brazilian Reals have not changed significantly since mid-May. However, prices in US dollars have increased 1.1%, due to the strength of the Brazilian Real’s appreciation relative to the US dollar. The average April 2008 exchange rate was BRL1.69 to 1USD compared to BRL2.03 to 1USD in April 2007. The Monetary Policy Committee (COPOM) of the Central Bank of Brazil also raised the prime interest rate by 0.5%, the first such increase since May 2005. The rate, currently set at 11.75%, exceeded the expectations of the industrial sector and was unanimously approved by COMPOM.
Brazil Log Prices
(domestic)
Brazilian logs, mill yard,
domestic
US$
per m3
Ipê
149
⇑
Jatoba
105 ⇑
Guariuba
71 ⇑
Mescla (white virola)
78 ⇑
Brazil Sawnwood Prices
Sawnwood,
Belem/Paranagua Ports, FOB
US$
per m3
Jatoba Green (dressed)
841
Cambara KD
465
Asian Market
(green) Guariuba
265
Angelim pedra
590
Mandioqueira
234
Pine (AD)
200
Brazil
sawnwood, domestic (Green)
US$ per m3
Northern Mills
(ex-mill) Ipe
699 ⇑
Jatoba
533 ⇑
Southern Mills
(ex-mill) Eucalyptus (AD)
205 ⇑
Pine (KD) 1st grade
270 ⇑
Brazil Veneer Prices
Veneer, FOB (Belem/Paranagua Ports)
US$
per m3
White Virola Face
2.5 mm
295
Pine Veneer (C/D)
210
Rotary cut
Veneer, domestic
US$
per m3
(ex-mill Northern Mill)
Face Core
White Virola
270 ⇑ 225⇑
Brazil Plywood Prices
Plywood, FOB
US$
per m3
White Virola (US Market)
5.2 mm OV2 (MR)
460
15 mm BB/CC (MR)
398
White Virola (Caribbean Market)
4mm BB/CC (MR)
507
12mm BB/CC
407
Pine
Plywood EU market, FOB
US$
per m3
9mm C/CC (WBP)
307
15mm C/CC (WBP)
276
18mm C/CC (WBP)
278
Plywood, domestic (ex-mill
Southern mill)
US$
per m3
Grade MR (B/BB) White
Virola 4mm
922 ⇑
White Virola 15mm
673 ⇑
Domestic
prices include taxes and may be sbject to discounts.