NZ structural log prices rose to the highest level for 25 years as local mills compete with the export market to secure supply for the domestic construction market amid strong demand from China. The average price for structural S1 logs increased to $135 a tonne this month, from $134 a tonne last month, and marking[…]
China’s log imports in 2017 totaled 55.43 million cubic metres valued at US$9.927 billion, a year on year increase of 14% in volume and 23% in value. The average price for imported logs was US$179 per cubic metre, a year on year increase of 8%. Of total log imports, 2017 softwood log imports rose 13%[…]
Softwood logs and softwood lumber imports to China have more than tripled in ten years with lumber volumes surpassing logs by 36% in 2017, reports the Wood Resource Quarterly. Imports – China imported record high volumes of softwood logs and lumber in 2017, making the country the largest log importer in the world and the[…]
Sumitomo Forestry NZ, the local unit of the Japanese timber conglomerate, posted a record profit last year after buying the timber plantations of US forestry investor Hancock in 2016 to secure more supply for its wood processing plant. The timber company , Sumitomo Forestry NZ posted a profit of $48.9 million in the year ended Dec. 31,[…]
In a recent article by Russ Taylor, Managing Director of FEA Canada, he outlined how the recent run on lumber prices has put big smiles on the faces of North American sawmill operators and lumber traders. Mill prices for all lumber species in North America have been trending higher since preliminary U.S. import duties began[…]
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 exported more than one million cubic metres of softwood logs in January, only the second time in the country’s history that such a high volume has been shipped in the month. The country exported 1.1 million cubic metres of softwood logs overseas in January this year, up 32 percent on January 2017, according[…]
Finnish forest machine manufacturer Logset Oy and Brazilian heavy equipment dealer PESA (Paraná Equipamentos S/A) have signed a dealership agreement. Under the terms of the agreement, PESA will sell Logset machines, parts and services for the products manufactured by Logset. PESA’s territory of action covers the Southern Brazilian states of Paraná, Santa Catarina and Rio[…]
Fiskarheden decided to implement a comprehensive investment plan, starting with a Microtec CT Log system for their sawmill in Transtrand, Sweden. The company’s main goal is to increase the value of each log and to reduce waste. This will enable Fiskarheden to utilize the potential of the highly valuable raw material coming from well-managed forests[…]
Log harvests from Tasmania’s private forests are at record highs, with further increases expected. Tasmania’s private forest log harvest is the highest recorded since 1994-95 when Private Forests Tasmania (PFT) began collecting data. Logs from hardwood plantations dominate the harvest, which are expected to increase slightly and then stabilise as the State’s plantation estate matures[…]