Stability and consistency have never really been ideals that our industry has conformed to, and this year is no different. Although the May at wharf gate (AWG) export prices are very similar to those offered in April (mid to high $120’s/m3 for A grade), the underlying variables that make up those prices are vastly different.[…]
Napier Port credits log exports for improved results – Napier Port’s revenue for the year to 30 September 2021 rose 9% to a record $109.5 million from $100.4 million in the same period a year ago, driven by increases in bulk cargo volumes and record log exports in particular. Napier Port, which is a key gateway[…]
China is the world’s largest importer of softwood and hardwood logs, and for many decades, Russia has been a significant log supplier for them. This relationship may change in 2022 if Russia implements their proposed ban on exports of softwood logs and valuable hardwood logs, while also introducing export taxes on green lumber. All these[…]
Russia exported 15 million m3 of logs in 2020, which accounted for almost 12% of globally traded roundwood. Much of this trade may come to a halt next year when a new law proposed by Russia’s president will ban the exportation of softwood logs and high-value hardwood logs as of January 1, 2022. The Russian government is also considering new[…]
In January-May, log imports to China from Russia declined 26.2% y-o-y to 3.6 million m3 with import value dropped 27.2% to $439.8 million, according to China Customs data. U.S. log exports to China fell 39.5% to 1.6 million m3, export value decreased 44.6% to $338.4 million. Share of Russia in Chinese log imports slid 4.97[…]
Log export markets – This week WoodWeek.com has received it’s monthly update from the Champion Freight team. In short China is up again, all other key Asian log markets are down. The chart shows total log export values to China year-on-year to the end of March were up 20 percent year-on-year contributing to overall log[…]
New Zealand’s export log market took a hit from the trade dispute between the US and China as the declining value of the yuan crimps the buying power of the country’s largest log market. The average price for New Zealand A-grade export logs dropped to US$133/JAS from US$141/JAS in August, and US$145/JAS in July, and[…]
U.S. log exports reached 4.29 million m3 through April, up 12.5% from the first four months of 2017, according to the USDA data. The value of exports increased 18.2% vs. year-ago figures to $913.9 million, and the average export price gained 5.0% to $213 per cubic meter. In January-April 2018, the U.S. log exports to[…]
U.S. log exports increased 15.5% YoY to 1.15 million m3 in February 2018, the exports value exceeded $238.2 million (+27.4%), according to the USDA. U.S. log exports to China, the largest consumer of U.S. log, have jumped 24.7% to 544.3 thousand m3 and 33.1% by value ($126.0 million). The exports to second-largest consumer Canada have[…]
New Zealand has increased log exports to China in February 2018 by 55.9% to 1,17 million m3 with average price of NZ$164 per m3, according to Statistics New Zealand data. China’s share in News Zealand log exports has gained 10 pp to 75.8%. The supplies to Korea declined 24.7% to 162.4 thousands m3, and to[…]