NZ export log prices weaken as higher kiwi dollar bites – New Zealand export log prices generally declined over the past month as a gain in the New Zealand dollar made the country’s products less competitive. Most grades of New Zealand unpruned logs weakened by between $1-to-$3 a tonne, with A-grade logs falling to $124[…]
Over 50% of the timber harvest in New Zealand is being exported in log form. However, some sawmills in the country have taken advantage of the growing demand for softwood lumber in the US the past few years, with the total export value having gone 37% from 2012 to 2016, reports the Wood Resource Quarterly.[…]
New Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to the industry lobby group. Hannah Lynch Lumber exports fell 16 percent to $264 million in the four[…]
According to Justice for Myanmar, U.S. companies imported nearly 1,600 metric tons of teak between February and December of last year reports Sebastian Strangio, The Diplomat. American companies continue to import teakwood from military-ruled Myanmar in apparent violation of U.S. sanctions, an advocacy group said in a report released yesterday. Justice for Myanmar (JFM), a Myanmar-based human rights group, found[…]
China imported 30% of its total volume of softwood logs from Europe in 2020 and 2021, thus surpassing supply from Russia and North America. European softwood logs were practically non-existent at Chinese ports five years ago. However, a combination of a never-ending hunger for more wood in the country, reductions in shipments from previously significant[…]
Segezha Group PJSC (‘Segezha Group’ or the ‘Company’, MOEX: SGZH), a Sistema company and one of Russia’s leading vertically integrated timber holding companies with a full cycle of logging and deep wood processing, has reported increased pellet production and export to EU countries. In the first half of 2021, KsyloTech-Siberia, the Company’s pellet asset in[…]
Roughly half (50.6%) of the total 12.7 million cubic metres exported were sent to China Producer prices of raw timber far below the level of previous years: -27.3% in February 2021 compared with 2015 Amount of timber logged reached record high in 2020 Mills for sawing, planing and impregnating wood saw increases in turnover: +18.3%[…]
(OPINION) Forest 360 Marcus Musson – Throw away the compass captain, we’re now officially in unchartered territory. While most in the game were expecting flat to slightly increased export prices for May, there were more than a few double-takes when prices were released by export companies at around $10/JAS above April levels. This puts A grade[…]
Pan Pac Forest Products plans to substantially upgrade the sawmill log infeed system at its Whirinaki (Hawke’s Bay) site in New Zealand. The investment (at approximately NZ$13 million) to replace the sawmill log infeed system originally installed in the early 1980s highlights the continued commitment of Pan Pac’s shareholder Oji Holdings, said Pan Pac Managing[…]
Exports decreased 8.0% in volume to nearly 15.8 million tonnes and imports decreased 7.8% to just over 9.0 million tonnes for the year ended 30 June 2020. In the first half of the financial year, log volumes were hit by lower international prices and demand. By March positive signs were emerging in China, New Zealand’s[…]