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Wood Matters

Log Market - July 2012

Relatively 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.

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Carbon Forestry

NZU 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.

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Log Market - June 2012

The 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.

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Wetland in Production Forests

Wetlands 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.

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The Emissions Trading Scheme and Forestry - May 2012

NZU prices traded through April in the $7 to $8 range but fell below $7 at the end of the month and are currently trading around $6.20. This decline is a combination of a volatile European market, lack of demand domestically and increased volumes being offered on the market.

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