India holds regional workshop on teak wood products

A regional workshop on the processing, marketing and trade of quality wood products from teak plantations (ITTO project PD 416/06 (I)) was held in Kerala, India, from 25-28 September 2007. The main outcome of the workshop was to draft an ITTO project proposal, which will be further elaborated among the countries of the region to develop best processing practices for quality wood products of planted teak and build capacity among target beneficiaries.

Comments on the draft proposal included that the project should focus on value added processing according to market demand, obtain early involvement from relevant stakeholders, especially industry, and investigate the administrative arrangements necessary for effective coordination of the project. Another important recommendation that arose from the workshop was the need to improve the genetic material for teak plantations as well as to look into the possibility of exchanging such genetic material between the countries involved in the project. Finally, participants also discussed current price trends on teak. The chart below offers recent prices gathered from participants at the workshop.

Price guidance on teak wood from various planted forests

*Country*	*Price Guidance*
Indonesia	Best quality logs at log yard price	Lower quality logs at log yard price
	<20 cm diameter = 1.5 million Rupees/m3	About 300,000-500,000 Rupees less
	20-30 cm diameter = 2.0 million Rupees/m³	About 300,000-500,000 Rupees less
	>30cm diameter = 3.5 million Rupees/m³	About 300,000-500,000 Rupees less
Costa Rica	Non-certified logs at log yard	Certified logs at log yard
	35-40cm girth=US$155/m³	Price up 20%
	41-50cm girth=US$175/m³	Price up 20%
	51-70cm girth=US$190/m³	Price up 20%
	71-80cm girth=US$229/m³	Price up 20%
	81-90cm girth=US$250.5/m³	Price up 20%
	91-100cm girth=US$277/m³	Price up 20%
	101-110cm girth=US$303.5/m³	Price up 20%
	111cm+ girth =US$320/m³	Price up 20%
Myanmar	Best quality sawn timber ex-shop	Second best quality sawn timber ex-shop
	3,000 Rupees/cubic foot	2,500 Rupees/cubic foot
Central India	Natural forests, at forest district office	Planted teak, at forest district office
	(a) pole=4,500 Rupees/m³	(a) pole=2,600 Rupees/m³
	(b) log=26,000 Rupees/m³	(b) log=20,000 Rupees/m³
Brazil	Log at log yard
	<12cm diameter = US$10/m³
Source: Gathered from participants at ITTO workshop for PD 416/06 (I); Note: US$1=9,400 Rupees; US$1=40 Rupees

India holds regional workshop on teak wood products

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