A report released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) today highlighted continued growth in Australia’s forestry sector thanks to favourable conditions in key markets, particularly housing and international trade. ABARES Executive Director, Dr Steve Hatfield-Dodds, said Australian forest and wood products statistics: March and June quarters 2018, reported the[…]
The Professional Logging Contractors of Maine (PLC) issued a statement last week commending ND Paper LLC’s twin announcements that it will invest $111 million in its Rumford mill over the next two years to increase production capacity, and plans to purchase the idled Old Town bleached kraft pulp mill with an eye toward restarting the[…]
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[…]
Whenever the goods and people move, forest is being harvested or earth moved, the 120 year-old Nokian Tyres is working along. The range of products we present at FinnMETKO 2018 gives an excellent idea how the continuous product development while listening to the end users results in improved tire safety, economy and sustainability – in[…]
McDowell Lumber, a hardwood producer located at Asheboro, North Carolina, is updating its edger and trimmer optimization systems with BioLuma scanning technology. The edger line will receive a new scanner frame to house the new sensors, while the trimmer line’s scan frame will be modified to accommodate the sensors. This new scanning technology will improve[…]
Simple And Durable Design During the FinnMETKO exhibition Logset will present a forwarder with extra wide symmetric tracks, and a renewed control- and measuring system for forest machines Forest machine manufacturer Logset Oy will launch the Smooth Ride cabin suspension at the FinnMETKO exhibition held in Jämsä August 30th – September 1st, 2018. The Smooth[…]
The forest industry contributed more than AU$7 billion to the Victorian economy last financial year. This includes AU$1.9 billion in direct sales, and a further AU$5.4 billion once flow-on effects in other industries are included, leading to a total contribution to gross regional product (the regional equivalent of GDP) of AU$779 million. These figures are[…]
New Zealand’s booming export log market is starting to catch the jitters as concerns mount about the impact of US President Donald Trump’s trade war. Demand for New Zealand logs has been strong over recent years as local sawmills compete with the export market to source logs for local construction, at a time when demand[…]
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%[…]