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Wood Matters

Log Market - February 2009

The demand in NZ, Australia and US for structural and pruned lumber remains very weak and we can expect little improvement in pruned and structural log prices until confidence returns to the construction sector in those markets.

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Update on the Voluntary Market

PF Olsen contacted a selected number of clients last year seeking approval to potentially involve them in a project aimed at crystallizing value out of their pre-Commitment Period 1 (CP1) carbon credits from post-1989 forests.

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Clarky's Comment - December 2008

This is our last edition of Wood Matters for this year. The staff at PF Olsen would like to take this opportunity to thank all our clients, suppliers, contractors and other folk that we have been involved with during the year - and wish you all a very MERRY CHRISTMAS and PROSPEROUS NEW YEAR.

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Log Markets - February 2008

This market is very much at a possible point of inflexion. November saw some export at-wharf-gate (NZ port) prices rise considerably as high C&F US$-based prices (at Asian ports) coincided with rapidly declining shipping costs and a declining NZ$/US$ exchange rate.

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Update on WQI - Wood Quality Initiative

WQI is a forestry industry based research company with the objective of developing tools and techniques to better assess wood quality to drive better allocation decisions along the supply chain (e.g. the right logs or timber going into the right process or end-use) and improving processing methods and technology (e.g. how do we minimise the damaging effect of checking and cell collapse during timber drying).

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STOP PRESS!

The challenging aspect of "real-time" communication for an electronic newsletter such as Wood Matters is that no sooner than you have material to distribute, then the world changes.

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Carbon Forestry Seminars

PF Olsen held a successful Carbon forestry seminar in Ohaupo (just North of Te Awamutu) earlier this month. A total of 83 participants, many of whom had travelled from well outside of the district to attend, filled the Windy Ridge Conference Centre.

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Log Markets - November 2008

Some big news last week was the deferral of the planned increase in Russian log export tariff to €50 or 80% from 1st January 2009. Apparently the press release coincided with key negotiations between Russia and the Norwegian timber industry.

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Introduction

It's hardly worth repeating that we are living in turbulent times and seeing unprecedented volatility in asset prices, capital and financial markets. And as we observe the spectacle, we know full well that there will be further flow-on effects into the NZ economy and our livelihoods.

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Clarky's Comment - October 2008

The Emissions Trading Scheme was passed on 26th September 2008 with numerous amendments. Which of these affects the forestry and wood processing sectors and how?

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Afforestation Grant Scheme

The Afforestation Grant Scheme (AGS) is one of the new initiatives announced by the government to address the effects of climate change.

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Seminars

A successful harvesting seminar was held on Wednesday 10th September at Alexandra Park, Greenlane, Auckland. Our Kawakawa and Rotorua offices jointly organised the seminar which was attended by 55 clients, forest owners and would-be forest owners.

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Log Market - October 2008

Export log prices rose again in October by an average of $4/JAS m3 extending their 5th consecutive month of price increases. Notable was the wide range of price changes with some traders staying more or less flat and some posting larger increases - a function of their exchange rate and ocean freight rate exposure in a highly volatile market.

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