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Wood Matters

Carbon Market/Carbon Forestry Update

March was an intriguing month on the carbon market with the NZU price showing increased volatility. Within a week the price increased to the late $20s on the back of the Japan earthquake and fears of what a world without nuclear power would look like in terms of increased greenhouse gas emissions.

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Log Market - April 2011

The strong timber market has resulted in a 19.5% increase in total New Zealand roundwood removals in 2010 to an estimated 24.8 million m³. This was due to high volumes of log exports which were up 23.4 % to 10.9 million m³.

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Clarky's Comment - March 2011

After a couple of days visiting logging crews in the Marlborough Sounds my comment this month is around the opportunity now open to the owners of some of New Zealand's most remote and difficult harvesting forests.

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Carbon Market Update

NZUs pushed through the $20 mark last week for the first time this year. This has been brought about by a strengthening CER price in NZ dollar terms and the lack of volume coming onto the market.

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Log Market - March 2011

Log prices have risen in again in March in almost all categories. Again this is driven by a combination of a strong export market and increased at-wharf-gate purchasing competition as new purchasers enter the market.

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Log Market - February 2011

The ANZ Commodity Price Index surged another 3.8 percent over the first month of 2011, to hit yet another new high. Thirteen commodity prices registered a rise in January, three were unchanged and one declined.

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ACC Experience Rating Programme (ERP)

The ACC public consultation to introduce the Experience Rating Programme (ERP) into the work account ran from 1 October to 29 October 2010. The outcome seems to be balanced and fair.

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Carbon Market/Carbon Forestry Update

NZUs are currently trading around the $19 mark which is a fall from $20 late last year. The international CER price continues to cap NZUs as these units can be used by compliance buyers within the NZETS.

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Clarky's Comment - December 2010

The mothballing of Prime sawmill in Gisborne (see article below), the loss of 26 jobs at the CHH Kawerau sawmill and the loss of 80 jobs at WPI's Tangiwai's mill near Ohakune illustrates just how vulnerable our wood processing industry is.

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Prime Sawmill Announces Closure

Prime Sawmill, located at Matawhero, just out of Gisborne announced this week that it will be closing its mill on Christmas Eve and "mothballing" the plant.

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