Wood Matters

Clarky's Comment - April 2010

Another devastating earthquake in Western China and disruption to European air traffic from the Iceland volcano are further reminders that Earth is a dynamic and living planet.


Log Market - April 2010

High log inventory in China continues to weigh on the market and price has declined for the past 2-3 weeks. Currently the price of A grade is reported at USD135-140/JAS m3 CFR (cost and freight).


Log and Ocean Freight Market

The strong run in China is taking a breather. Stocks of Radiata, North American and Russian logs are high (more than two months). There are also high inventories of Canadian and Russian lumber.


PF Olsen Welcomes New Team Member

Recently returned from his "OE" Jacob (Jake) Saathof joined PF Olsen in February taking a role managing road-line harvesting and engineering in the Eastern Bay of Plenty region.


Clarky's Comment - February 2010

2010 has started well with recovery of house construction starts in NZ and Australia now inevitable. Both countries face a catch-up from low building activity in 2009 plus increased immigration. Meanwhile China's infrastructure boom has kept up demand for export logs.


The Carbon Market

With the relative certainty of the NZ Emission's Trading Scheme (especially in comparison to the failed Kevin Rudd-backed Carbon Pollution Reduction Scheme (CPRS) legislation), there is growing activity in the market. Nigel Brunel of OM Financial gave a "conservative" estimate that about 1 million tonnes of New Zealand Carbon traded for between NZ$20-NZ$21 per tonne in January.


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