Average Prices of Teak Logs Auctioned at Timber Depots of Kerala Forest Department, India (1942-2010)

Unit:Indian Rupees (INR) per m3


Year

Girth Class

Exp

I

II

III

IV

1942

 

177

123

104

 

1943

 

196

159

96

 

1944

 

298

177

123

 

1945

 

265

196

124

 

1946

 

339

266

173

 

1947

 

233

209

141

 

1948

 

206

195

110

 

1949

 

175

182

118

 

1950

 

268

250

186

 

1951

 

348

284

197

 

1952

 

255

235

168

 

1953

 

232

213

139

 

1954

 

255

202

141

 

1955

 

301

251

160

 

1956

 

406

306

244

 

1957

 

416

325

242

 

1958

 

425

344

258

 

1959

 

439

352

292

 

1960

 

452

360

283

 

1961

 

440

361

269

 

1962

 

459

361

254

 

1963

 

477

393

268

 

1964

 

483

425

298

 

1965

 

515

454

339

 

1966

 

547

483

379

 

1967

 

531

446

345

 

1968

 

531

442

374

 

1969

 

581

449

370

 

1970

607

631

455

366

270

1971

650

646

542

385

291

1972

739

799

630

508

419

1973

1011

952

837

682

563

1974

1303

1271

1044

935

706

1975

1435

1367

1197

1030

768

1976

1206

1275

1076

833

751

1977

1506

1406

1163

921

855

1978

2378

2237

2009

1700

1431

1979

3057

3340

2757

2105

1873

1980

4100

3750

2946

2374

1826

1981

4575

4490

3770

2992

2404

1982

6561

6096

5596

4312

3284

1983

5361

5641

5176

4072

3000

1984

6461

6026

5595

4905

3646

1985

7468

8417

6751

5480

4386

1986

8515

8141

8624

7327

5450

1987

9647

9754

8757

7002

5271

1988

9276

8609

8225

6847

5702

1989

9442

11954

10921

9630

7357

1990

16556

13865

11115

8956

6886

1991

20475

17295

14110

10633

8786

1992

23131

21450

17178

12572

9162

1993

24034

23516

18986

14784

10375

1994

26778

24922

18957

13685

9753

1995

26706

32814

27148

17143

13652

1996

37498

35916

30436

24568

14724

1997

35964

35917

30847

24978

15790

1998

33222

33131

29163

23466

17496

1999

33602

31185

26220

19732

15266

2000

32687

33649

27053

21180

15972

2001

40680

37643

30270

21735

15891

2002

40457

38627

30496

22088

17129

2003

45896

42349

31261

21598

15350

2004

44746

42237

30962

21903

16480

2005

65263

57533

42636

28998

19795


Girth Straightness & Soundness Length 2006 2007 2008 âž¡ 2009 2010
II B LL 51679 73412 79086 78070 79044
II C LL 35435 47469 51965 54551 56056
III B LL 36614 52333 51115 54733 55978
III C LL 26467 33179 32590 36761 39399
IV B LL 27005 33576 34716 36672 41145
IV C LL 18983 24154 23215 26601 30153

References:

  1. Krishnankutty, C.N. (2001a). Teak price trends in Kerala State, India. Indian Journal of Forestry. 24, 1-7.
  2. Krishnankutty, C.N. (2001b). Forecasting of teak prices in Kerala State, India, using autoregressive integrated moving average models. Indian Journal of Forestry. 24, 119-122.
  3. Sivaram M. 2012. Modeling the price trends of teak wood using statistical and artificial neural network techniques. Journal of Applied Statistical Analysis (accepted)

Additional Notes