Page 20 - PERKASA_JulSept2017
P. 20
20
Other Timber
products
Other timber products were
veneer, dowels, moulding,
particleboard, fibreboard,
block board, laminated board,
woodchip and others (Table 1)
accounted for RM393 million or
13% of the overall export value
for the first half of 2017.
During the period, weaker export
volumes were recorded for
veneer (9%), particle board (9%),
moulding (10%), laminated
board/flooring (26%), woodchips
(33%) and dowel (47%).
Growth, however, were recorded
for block board (100%) and
fibreboard (4%). (Table 5, 6, 7,
8, 9 & 10)
Outlook
Timber companies in Sarawak are poised to experience weaker
earnings due to the revised premium for hill timber from RM0.80 to
RM50 per cubic metre effective 1 July 2017.
The State is looking at RM200 million to RM300 million collection
under the new rate compared to RM15 million presently. Collection
of the premium, which has remained unchanged since 1986,
would be channelled to the Sarawak Foundation Fund, managed
by Sarawak Foundation to finance excellent students for tertiary
education, including in top foreign universities.
The research house said, it would result in higher cost of production
of around RM49.20 per cubic metre for hill logging.
Other Timber
products
Other timber products were
veneer, dowels, moulding,
particleboard, fibreboard,
block board, laminated board,
woodchip and others (Table 1)
accounted for RM393 million or
13% of the overall export value
for the first half of 2017.
During the period, weaker export
volumes were recorded for
veneer (9%), particle board (9%),
moulding (10%), laminated
board/flooring (26%), woodchips
(33%) and dowel (47%).
Growth, however, were recorded
for block board (100%) and
fibreboard (4%). (Table 5, 6, 7,
8, 9 & 10)
Outlook
Timber companies in Sarawak are poised to experience weaker
earnings due to the revised premium for hill timber from RM0.80 to
RM50 per cubic metre effective 1 July 2017.
The State is looking at RM200 million to RM300 million collection
under the new rate compared to RM15 million presently. Collection
of the premium, which has remained unchanged since 1986,
would be channelled to the Sarawak Foundation Fund, managed
by Sarawak Foundation to finance excellent students for tertiary
education, including in top foreign universities.
The research house said, it would result in higher cost of production
of around RM49.20 per cubic metre for hill logging.
