The following grades and volumes were sold by Myanmar Timber Enterprise (MTE) through competitive bidding on 13 and 16 December 2013.
Teak tender prices
Grade | Quantity (Tons) | US$ per hoppus ton |
4th Quality | - | - |
Sawing Grade-1 | 11 | 5238 |
Sawing Grade-2 | 49 | 3835 |
Sawing Grade-4 | 241 | 3419 |
Sawing Grade-5 | 102 | 2652 |
Sawing Grade-6 | 102 | 2114 |
Sawing Grade-7 | 149 | 1759 |
Hoppus ton=1.8m3; All grades, except SG-3/5/6, are length 8’ x girth 5’ &up. SG-3/4/6 are girth 4’ &up. SG-3 grade is higher than SG-4 but with lower girth and price. Prices vary due to quality and/or girth at the time of the transaction.