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Wood Matters

PF Olsen Welcomes Dean Neilson

Newly appointed to the Rotorua senior team as National Engineering Manager is Dean Neilson, a civil engineer with 25 years experience in a range of settings, including local government, the forest industry, and private consulting firms.

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Implications of Australia's Changing Forestry Scene

For a conservative industry sector, the amount and pace of change in forestry is sometimes quite astounding. In Australia during the last 18 months we have witnessed substantial change at a scale that probably could not be predicted, and there's more to come.

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Log Market and Ocean Freight - June 2010

June saw steady export log markets with some positive signs from China. High log inventories in China have fallen from over 1.0 million m³ to less than 700,000 m³, and prices have stabilised.

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Update on the Emissions Trading Scheme

We have been advised by the Ministry of Agriculture and Forestry (MAF) that the application process to apply for the pre-1990 allocation is now not likely to commence until August 2010 with the Forestry Allocation Plan not being finalised until late July.

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The Carbon Market

Prices of most units in Europe continue their positive price trend with secondary CERs trading at around €16. Issuance of primary CERs is in a downward trend as the "low hanging fruit" of low-cost mitigation projects around the world reduces.

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Log Market - May 2010

As reported last month, Radiata prices in China slipped and A grade is currently trading at around USD140-145/JAS m³ CFR. This is down from a peak in March of over USD150. This is an inevitable correction of a steady price firming trend for the past two years.

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Russell's Report

PF Olsen Ltd forest managers will shortly be trialling a new system of measuring forests using a new inventory system developed by Scion researchers as part of the FFR Radiata Research Theme.

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