Myanmar: Average prices of sawn timber at latest auctions

Prices for sawn teak in the Open Tender held on 20 February averaged US$4500 per cubic ton for boards and ranged from US$1000 to US$2000 per cubic ton for Second Class teak scantlings. Third Class (the lowest grade) scantlings sold for between US$500 and US$1000 per cubic ton.

Average prices in other tender sales were reported to be MMK 0.651 million per h.ton for teak and MMK 0.372 million for other sawn hardwoods in the Mandalay Division and MMK 0.632 for teak and MMK 0.359 for hardwoods in the Yangon Division.

The following timber was sold by Myanmar Timber Enterprise by special open tender on 20 February 2015. Prices for logs are expressed in hoppus tons and prices for hewn or sawn teak are expressed in cubic tons.

Type Grade Tons Avg US$/ton
Squares Export 96 635
Squares Export Reject 8 673
Sawn Gurjan Second 79 517

Note: Squares normally measure 10” & up x 10” & up x 6’ & up or 10’ & up. Sawn Kanyin are conversions of various sizes and lengths. In Kanyin is also traded under the name of Gurjan. 


Type Grade Tons Avg US$/ton
Tamalan Market 153 2005
Padauk Market 45 1723


Sawing grade teak logs

Grade Tons Avg US$/ton Location
SG-7 545 1106 Yangon


Hardwood logs, Yangon

Type Grade Tons Avg US$/ton
Padauk 4th 14 2631
Pyinkadoe 1st 40 526
Kanyin 1st 2097 485
Ingyin 1st 205 280


Source: IHB

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