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Thread: Current Market Price Teak

  1. #1 Current Market Price Teak 

    Join Date
    Jul 2009
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    Can somebody please provide information about the current market price of Teak on the basis of following specifications:-


    Tree Age:-

    06 Years
    12 Years
    20 Years
    30 Years
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  2. #2  
    kirti s's Avatar
    Join Date
    Jan 2006
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    5,188
    Dear Sir

    Teak grade is known on their place of origin that is native place like from'Barma,Malashia which are the well known forgin teak in India.Dandeli (karnataka),Paratwada,Nagpur(Maharashtra…
    Konkan(Maharashtra)are some of indian teak.Quality and price depends upon age.More the teak old more the price.You can count circles at cross section of wood which means age of
    wood.
    Minium 20 years are required for good quality wood.
    Barma teak,Nagpur teak is mainly use for high quality interier.the cost of burma teak is upto 1800 Rs/2200 Rs & Nagpur 1400 to1600 Rs per qubic foot.
    Burma teak depends on its grains are mostly parellel,no knoghts,& similer brownish colour.
    Its rate is on qubic foot basic,a British measering type.A Qube having 1 feet in width,1feet in length & 1 feet in hight is call as 1qbf.
    If you have a piece having dimensions 6 inch x 8 inch x18 inch then its qbf is as follow,(6 x 8 x 18)/1728= 0.5 qbf(here 1728 is a constant means 1qbf)
    this figure can be further multiplied by rate to get the total price.
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  3. #3  

    Join Date
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    Quote Originally Posted by kirti s View Post
    Dear Sir

    Teak grade is known on their place of origin that is native place like from'Barma,Malashia which are the well known forgin teak in India.Dandeli (karnataka),Paratwada,Nagpur(Maharashtra…
    Konkan(Maharashtra)are some of indian teak.Quality and price depends upon age.More the teak old more the price.You can count circles at cross section of wood which means age of
    wood.
    Minium 20 years are required for good quality wood.
    Barma teak,Nagpur teak is mainly use for high quality interier.the cost of burma teak is upto 1800 Rs/2200 Rs & Nagpur 1400 to1600 Rs per qubic foot.
    Burma teak depends on its grains are mostly parellel,no knoghts,& similer brownish colour.
    Its rate is on qubic foot basic,a British measering type.A Qube having 1 feet in width,1feet in length & 1 feet in hight is call as 1qbf.
    If you have a piece having dimensions 6 inch x 8 inch x18 inch then its qbf is as follow,(6 x 8 x 18)/1728= 0.5 qbf(here 1728 is a constant means 1qbf)
    this figure can be further multiplied by rate to get the total price.
    Dear Sir/Ma'm!

    Thanks for the info. Actually, I want to start a teak plantation and hence was trying to do a cost-benefit analysis. That is the reason, I am also interested in knowing the prices of 6 yrs poles etc which will result from thinning operations.

    However, it appears to be a tough task to gauge the current market price due to wide disparity in price which tend to be based upon subject measures like appearnce, market information, perceptions, etc.

    For example, the latest ITTO report quotes ex-mill teak price ranging from 900-3250 cft depending upon grade. Even within same grade, there is a wide range of price which is certainly a result of subjective valuation.

    ITTO Data:- Price (Rs. per CFT)

    Plantation Teak A Grade 1800-3250
    Plantation Teak B Grade 1650-2800
    Plantation Teak C Grade 900-1350

    Hence, it's become quite impossible to do a cost-benefit analysis. Can you please suggest some objective measures for the same?

    Thanks & Regards,
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