commodity prices 2
Commodity Prices tracked by BFM - membership only on-line service


The prices of around 170 materials and other purcahses made by furniture manufacturers are tracked and the results published in graph form.  This is only a small proportion of the potential commodity price data available to the BFM.  Any of the 2,671 items in the Excel list below can be produced for BFM members at no cost and in any currency as well as the £.  Much of the data tracks back to 2007 at least so that trends can be seen.  Click on the link for the Complete commodity database (Excel).   

In several areas we have supplemented the data with indicies from the official statistics showing price movements of products manufactured in the UK and in some cases imports too.

ABRASIVES
Abrasives alumina fused cif Eur - cif main port European 94% Aluminium Oxide

BOARD
OSB panels 10mm IT - ex warehouse Italy
Chipboard panels std 4mm IT - ex warehouse Italy
Chipboard panels std 18mm IT - ex warehouse Italy
Chipboard panels veneered - coloured thickness 20mm ex warehouse Italy
Chipboard veneered wht 20mm IT
Fibreboard MDF panels 4mm IT - medium density - ex warehouse Italy
Fibreboard MDF panls 19mm lgt IT
Fibreboard MDF panels 19mm IT
Pulpwood - Average - Birch / Pine /Spruce - Finland
Industrial roundwood - A/B or A/B/C quality Austria
Particle boards and similar boards of wood or other ligneous material - manufactured in UK (see also price index link below on which this graph is based)
Veneer sheets & wood based panels - Imports and UK manufactured - (see also price indices links below on which this graph is based)

Price index – percentage movements rather than actual prices:
Veneer sheets & wood based panels - manufactured in the UK
Veneer sheets & wood based panels - imported from EU
Veneer sheets & wood based panels - imported from outside of EU
Particle boards and similar boards of wood or other ligneous material - manufactured in UK

CHEMICALS (/ FEEDSTOCKS)
Pure Terephthalic acid – PTA – Asia cost & freight - (used in the production of polyester)
Mono Ethylene Glycol – MEG – cost & freight- used in the manufacture of polyester (PET) resins, films & fibers and solvents
Paraxylene delivered North West Europe - (used in the production of polyester polymers)
Antimony trioxide 99-99.5%, wholesale price excluding VAT, Italy, low & high price used in production of flame retardants
Antimony regulus min 99.65%; max Se 50ppm, ex-store Rotterdam long term trend - from 2007 (used in flame retardants)
Antimony regulus min 99.65%; max Se 50ppm, ex-store Rotterdam short term trend - from 2011 (used in flame retardants)
Boric acid refined. 99.5-100% granular, wholesale price excluding VAT, Milan; Italy, high & low price (used in flame retardants)
Nitrocellulose 35% ethanol IT low and high prices (used in lacquers)
C5A Nitrocellulose 30% isoprpn IT low and high prices (used in lacquers)
Propylene spot Europe (feedstock for polyols)
Polypropylene – UK free delivery
Melamine low & high wholesale price excluding VAT Italy used to produce resin, plastic, certain fabrics & flame retardants
Methanol fob NW Eur - often used to make other chemicals such as a conversion to formaldehyde, and from there into products as diverse as plastics, plywood & paints
Toluene spot fob NW Eur average of high and low prices (feedstock TDI and MDI)
Benzene spot fob NW Eur average of high and low prices (feedstock MDI)
White spirit - average of high & low prices Italy
PVA - Polyvinyl acetate muslsion - high & low price - Italy, 55% plastified, wholesale price excluding VAT (used in wood glues)

ENERGY & FUEL
It is important to remember that raw materials and energy are the first stage in the process for the production of many products - for example in the production of foam - crude oil and natural gas lead to feedstocks such as toluene (TDI) & propylene (polyols) - see 'chemicals / feedstocks' above:  

ELECTRICITY – UK AND EUROPEAN POWER INDEXES
Natural gas – ICE UK and Northern Europe
Crude oil – Brent and NYMEX US
Gas/Heating oil
Heating oil standard grade retail price UK and gas oil retail price
Naphtha prompt delivery cif NW Europe

FEATHERS AND DOWN
Feathers and down exp CN

FIBRES
Cotton yarn weaving 40S CN - Cotton yarn 100% weaving carded grade 40S market price Changyi (Shandong), China
Cotton yarn weaving 0E10S CN - Cotton yarn 100% weaving carded grade open end (OE) 10S market price Changyi (Shandong), China
Polyester DTY 75D/36F CN - Polyester filament draw textured yarns 75D/36F Qianqing market price (Zhejiang) China
Polyester DTY 150D/48F CN = Polyester filament draw textured yarns 150D/48F Qianqing market price (Zhejiang) China
Polyester DTY 300D/96F CN - Polyester filament draw textured yarns 300D/96F Qianqing market price (Zhejiang) China
Viscose VSF 1.5D*38mm CN - Viscose Staple fiber 1.5D*38mm Chinese market average price origin: China
Polyester staple fibre, recycled - 6-15 denier - 3 dimensional crimp hollow - East China
Made-up textile articles, except apparel - manufactured in UK - (see also price index link below on which this graph is based)
Non-wovens and articles made from non-wovens, except apparel - manufactured in UK - (see also price index link below on which this graph is based)

FITTINGS
Price index - percentage movements rather than actual prices:
Locks and hinges - manufactured in UK – graph and index
Fasteners and screw machine products - manufactured in UK

FOAM / POLYURETHANES
Also note that the feedstocks are the following for:
TDI / MDI - Toluene
Polyols - Propylene
MDI - Benzene
These may be found in the Chemical / feedstock section above.  
Please click here for simple chart of production process.

Polyols flexible Eur - European indicator prices
Polyols rigid Eur - European indicator prices
TDI isocyanate W Eur - Toluene 2 4 diisocyanate (TDI) West European indicator prices
Blend price according to ratio of chemicals in furniture foam - polyol flexible constitutes around 2/3rds & TDI approx 1/3 rd
The actual blended foam prices from 2008 by month - £ per metric tonne
MDI polymeric isocyan & MDI pure isocyan W Eur

GLASS
Price index - percentage movements rather than actual prices:
Shaped and processed flat glass – manufactured in UK (see also price index link below on which this graph is based) – graph and index
Shaped and processed flat glass – imported from EU (see also price index link below on which this graph is based) – graph and index
Glass mirrors; multiple walled insulating units of glass - manufactured in UK (see also price index link below on which this graph is based) – graph and index

INDICATORS - UK
Note - these are UK official indicies and by their nature they are time-lagged:

Kitchen furniture– construction cost index
RPI all items UK – inflation rate
Producer price indices cost of furniture materials to UK manufacturers
Detailed index of production – UK furniture manufacturing
Retail sales – value - furniture - UK
Retail sales – volume - furniture - UK
Producer Price Index – UK furniture manufacturing factory gate prices
Exports of UK manufactured furniture – quarterly sales
Imports of furniture – quarterly sales
Comparison of imports and exports
Average earnings index UK & manufacturing
Unit wage costs index UK & manufacturing
Indicators - International
India Hides raw/chrome tanned/vegetable tanned Wholesale Price Index base: 2004-2005=100
Average income per cap – China
Raw silk WPI (Wholesale Price Index) Index base:2004-2005=100 India

LEATHER
Bull/heifer hide 21-26kg IT - prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Bull/heifer hide 27-32kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Bull/heifer hide 33-40kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Bull/heifer hide >41kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Calf hide 17-20kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Calf hide 16kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Cow hide 32kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Cow hide >32kg IT - Prices for wet-salted hides - Ex-Works Italy - 100% machine flayed customary allowances and tares
Cow dairy hide - Av green weight 22.5/23,5 kg - Av salted weight 20/21kg - Prices shown per kg green weight - Ex works Germany
Cow dairy hide - Av green weight 27.5/28.5 kg - Av salted weight 25/26kg - Prices shown per kg green weight - Ex works Germany
Cow dairy hide - Av green weight 33.5/35.5kg - Av salted weight 29/31kg - Prices shown per kg green weight - Ex works Germany
Ox hide size: 26 - 30.5 kg UK market price
Ox hide size: 31 - 35.5 kg UK market price
Ox hide size: 36 kg and over UK market price

Producer prices index - all leather manufactured UK

LOGS / LUMBER
Logs Birch EE - market price ex-forest Estonia
Logs Spruce EE - market price ex-forest Estonia
Logs Pine EE - market price ex-forest Estonia
Logs Birch - Finland
Logs Spruce - Finland
Logs Pine - Finland
Logs Birch - Finland prices compared to Estonia
Logs Spruce - Finland prices compared to Estonia
Logs Pine - Finland prices compared to Estonia
Logs Sapele (W Afr) fob CM
Logs Birch ave CN
Logs redwood ave CN
Logs Pine ave CN
Logs Mahogany ave CN
Logs Ash Manchurian ave CN
Logs Beech cls B3 pp AT

NICKEL / ZINC /COPPER / ALUMINIUM / BRASS
Nickel
Zinc
Copper
Aluminium
Brass rods

PACKAGING & PLASTICS
Fluting –Fluting semi-chem del UK – note fluting accounts for approx 20% of cardboard content
Testliner – price indicators – average price of higher and lower range - packaging paper waste based free delivered UK – note accounts for approx 80% of cardboard content
Ethylene – price indicators – compound used to produce various kinds of polyethylene, also known as polythene – large volume transactions – spot price = average price of higher and lower ranges  reflects cif Northwest European port
Polythene - Polyethylene Film - price indicators – Western Europe – various densities – bulk price
Chipboard unlined del DE lo - Packaging paper carton board unlined chipboard lower range free delivered Germany
Chipboard unlined del DE hi - Packaging paper carton board unlined chipboard higher range free delivered Germany
Corrugated wellenstoff del DE hi - Packaging paper waste based corrugated case material wellenstoff higher range free delivered Germany
Corrugated wellenstoff del DE lo - Packaging paper waste based corrugated case material wellenstoff lower range free delivered Germany
Expanded polystyrene packaging – bulk price Western Europe
Polyvinyl chloride (PVC) large volume transactions free delivered UK
MDI pure IT low and high
MDI polymer IT low and high
Fluting –Fluting semi-chem del UK – note fluting accounts for approx 20% of cardboard content
Testliner – price indicators – average price of higher and lower range - packaging paper waste based free delivered UK – note accounts for approx 80% of cardboard content
Ethylene – price indicators – compound used to produce various kinds of polyethylene, also known as polythene – large volume transactions – spot price = average price of higher and lower ranges  reflects cif Northwest European port
Polythene - Polyethylene Film - price indicators – western Europe – various densities – bulk price
Chipboard unlined del DE lo - Packaging paper carton board unlined chipboard lower range free delivered Germany
Chipboard unlined del DE hi - Packaging paper carton board unlined chipboard higher range free delivered Germany
Corrugated wellenstoff del DE hi - Packaging paper waste based corrugated case material wellenstoff higher range free delivered Germany
Corrugated wellenstoff del DE lo - Packaging paper waste based corrugated case material wellenstoff lower range free delivered Germany
Expanded polystyrene packaging – bulk price Western Europe
Polyvinyl chloride (PVC) large volume transactions free delivered UK
MDI pure IT low and high
MDI polymer IT low and high
 
SHIPPING - CONTAINER RATES
The rates are just for the price of the container.  They do no include any inland transport costs (such as to and from the warehouse), insurance or any Incoterms attached to them.

Shipping 20ft Container Shang-Felixstowe
Shipping 40ft Container Shang-Felixstowe
Shipping 20ft container N China to UK
Shipping 40ft container N China to UK
Shipping 20ft container S China to UK
Shipping 40ft container S China to UK
Shipping 20ft and 40 ft containers – UK to Dubai
Shipping 20ft and 40 ft containers – UK to East Coast USA
Shipping 20ft and 40 ft containers – West coast USA to N Europe
Shipping 20ft container Singapore to UK
Shipping 40ft container Singapore to UK

STEEL
Steel wire rod CN
Steel wire rod mesh quality domestic price delivered Europe
Steel wire rod mesh quality cost; insurance and freight Europe
Steel wire rod mesh quality cost and freight East Asia
Steel wire rod mesh average export price free on board mill; Turkey
Steel wire rod mesh quality free on board Turkey
Steel hot rolled (HR) coil domestic price ex-works Northern Europe
Steel cold rolled (CR) coil domestic price ex-works Northern Europe
Steel hot dipped galvanised (HDG) domestic price ex-works Northern Europe

TIMBER / WOOD
Plywood Poplar multilay 10mm IT- ex warehouse Italy
Plywood Birch multilay 12mm IT - ex warehouse Italy
Plywood Poplar multilay 18mm IT - ex warehouse Italy
Plywood Poplar multilay 20mm IT - ex warehouse Italy
Plywood Lauan; 3-ply; extra; 91 cm x 182 cm x 4 mm origin: Africa or SE Asia Lauan wholesale price; spot Tokyo
Ash plank assort IT - ex warehouse Italy
Ash plank planed 27mm IT – ex warehouse Italy
Ash plank planed 52mm IT - oven dried base 52mm ex warehouse Italy
Beech panels finger-jnt 32mm IT - ex warehouse Italy
Beech plank seasoned assort IT - ex warehouse Italy
Oak choice IT - ex warehouse Italy
Oak seal sheet components IT - ex warehouse Italy
Oak plank assort IT - ex warehouse Italy
Oak plank US red/wht 27mm IT - American planed, oven dried base - ex warehouse Italy
Oak plank US red/wht 52mm IT - American planed, oven dried base - ex warehouse Italy
Walnut choice IT - ex warehouse Italy
Walnut plank polished 52mm IT - oven dried base - ex Warehouse Italy
Mahogany plank assorted IT - oven dried base - ex warehouse Italy
American Cherry planks planed, oven base 27mm - ex warehouse Italy
American Cherry planks planed, oven base 52mm - ex warehouse Italy
Timber average price across all markets ex forest Estonia
Wood random length lumber Chicago Mercantile Exchange (CME), Chicago USA [futures]
Sawnwood sapele; 6inch x 6feet or more free alongside ship Cameroonian ports
Sawnwood dark red seraya/meranti; kiln dry with 5% agents commission average 7-8inch; length ave 12-14inch; thickness 1-2inch origin: Malaysia cost and freight UK ports
Beech; sawn or chipped; sliced or peeled sanded or end jointed; thickness more than 6mmdestination: European Union calculated export price – France. Germany, Poland, Slovakia, Slovenia

Price index - Price index - percentage movements rather than actual prices:
Wood - sawn or planed - manufactured in UK – graph and index

WASTE
Wood waste PRN UK - packaging recovery note (PRN)
Wood waste delivered to UK recycler - UK
Paper waste old cardboard (kraftliner shavings) delivered to a local waste merchant
Glass waste PRN UK –package recovery note
Glass scrap mixed

WAXES
Paraffin wax containing 0.75% oil export price China