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Wood Matters

Log Market - November 2011

October was a month of two (very different) halves; at the beginning of the month there was mixed sentiment (but some optimism) in the export market, a wide spread of prices and full order books from many buyers. In contrast, the end of the month saw cancelled orders, massive price drops and widespread negative sentiment.

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National Environmental and National FSC Standard

The Ministry for the Environment's initial cost/benefit analysis (CBA) was not favourable to implementation of a National Environmental Standard (NES). This has strengthened the forestry sector's resolve to ensure resolution of some outstanding issues that are diluting the potential benefits to the forest industry.

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Log Market - October 2011

October is characterised by a faltering nascent recovery in the export log market and continued difficult trading conditions for domestic log purchasers.

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Clarky's Comment - September 2011

This month marks the 40th anniversary of the commencement of the PF Olsen business. See PF Olsen Celebrates 40 years of Business. I'm reflecting on significant changes in the structure of the forest industry in New Zealand and some future opportunities if we choose to work together to make them happen.

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PF Olsen Celebrates 40 Years of Business

In 1970 when John Spencer built the Caxton Paper Mill, he approached the NZ Forest Service to develop a resource of radiata pine to supply the mill. However, Peter Olsen, the Principal Forester at Kaingaroa at the time, had to tell John that this was beyond the mandate of the Forest Service.

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Log Market - September 2011

Renewed strength in the log export market saw prices rise in September whilst the domestic sector continued to struggle with weak product markets, price discounting and a high exchange rate.

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Carbon and ETS Update - September 2011

NZUs dipped as low as $13.25 in during August and then climbed to $16.20 but have since slipped to around $14.50. Price is being driven by the NZ$ adjusted CER price on the European exchange as CERs can offer a lower price option for New Zealand compliance buyers.

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