NZUs continue their downward trend trading in the $4.70 to $5.70 range, currently at around $4.70. The much talked about temporary set-aside of carbon to curb oversupply in Europe is facing internal opposition and this caused the carbon price to collapse due to the uncertainty it created in the market.
READ MOREAnother month of steady pricing in both export and domestic markets for unpruned grades and continued increases in pruned log price and demand.
READ MOREOn the 16 August, the Norske Skog Tasman mill (the Tasman mill) announced plans to reduce the capacity by 150,000 tonnes. The Tasman mill is currently a two machine operation making 300,000 tonnes of newsprint per year.
READ MOREThe PF Olsen Rotorua team welcomes Rachel Baucke to the role of Administration Manager/HR Advisor.
READ MORESignificant announcements over the last few weeks will have material impacts on the role of forestry in our Emissions Trading Scheme. There was good news and bad for the forestry sector. Emitters and farmers were smiling from ear to ear.
READ MORENZU prices traded in the $6 to $7 range in June and are currently trading around $5.70. Trading of NZUs has been very light with owners of NZUs waiting (hoping) for better prices and emitters in no hurry to purchase.
READ MOREThe FSC certification reassessment audit of the PF Olsen FSC Group Scheme was undertaken at the end of March.
READ MORERelatively steady pricing and demand in most log grades with the exception of pruned logs which are in short supply. The strong lift in price of export pruned logs last month was reflected in price increases in domestic pruned logs in July.
READ MORESolid Wood Innovation (SWI) has developed an optimisation tool that gets the best of out of each cant.
READ MOREHaving an up-to-date forest description is a key requirement for effective forest resource management.
READ MOREIt's the year of the dragon in China, a particularly auspicious time to have a baby; someone who is destined to be self-assured, clever, generous and loyal.
READ MOREThis is the first time this conference is being hosted in the Southern Hemisphere, let alone NZ. The conference ran 15 to 19 July and was on at the Sky City, Auckland.
READ MOREAs one of New Zealand's largest primary sectors the people of New Zealand are looking to the forest industry to help improve New Zealand's economic performance and living standards.
READ MORENZU prices were relatively stable through May trading in the $5.90 to $6.30 range and currently trading around $6.20. There was very little reported activity leading up to the 31 May, being the final date for emitters to surrender units for their 2011 emissions.
READ MOREThe Steep Slope Harvesting program supported by the Primary Growth Partnership continues to make good progress.
READ MOREThe export log market continued to post price increases, predominantly exchange rate driven and, sadly, a major domestic sawmill in the North Island, Ahead Lumber (near Pokeno), goes into receivership.
READ MOREWetlands are one of the rarest ecosystem groups in New Zealand. They were disproportionately affected by clearance for agricultural production, being common on fertile lowland valley floors and plains.
READ MOREThe following came from HSBC's Weekly Shipping commentary…
READ MOREIt is PF Olsen's view that the proposals put forward by the government in response to last year's Caygill Review will do nothing to encourage investment in the forestry sector.
READ MOREMAF is changing its name to reflect the new functions of the organization following its merger with NZFSA and Fisheries over the past two years.
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