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Wood Matters

Safeguard Winner 2017

PF Olsen won the award in the Best Collaboration Between PCBU’s category, for “initiating a project involving multiple PCBU’s to clarify and improve the expectations on forest service providers when they come onto a working forestry site.“

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Log Market - June

Export prices for logs delivered to NZ ports in June remained mostly unchanged from May prices with a minor drop of 1$/m3 for some grades. Prices in the Indian log market have now gained parity with the China log market. The NZ$ has strengthened against the US$ meaning log sales in US$ are now worth less in NZ$. However, this reduction has been adsorbed by exporters competing for their place in the supply chain. The strengthening NZ$ may soften At Wharf Gate (AWG) prices for NZ logs over the next couple of months.

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Record high trade led by dairy and forestry

NZ terms of trade rises to 44-year high as dairy, forestry drive up export prices - New Zealand's terms of trade rose to the highest level in about 44 years in the first quarter as export prices rose more than three times faster than imports, led by dairy and forest products.

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Matawai School bike event

Ben Payne from PF Olsen Gisborne was happy to help out to ensure the bike riding event held recently at Matawai School was safe and successful.

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Clarky's Comment - May

If forestry is the solution and farmers and iwi are the key, what is constraining tree planting by farmers and Maori landowners.

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Log Market - May

Export prices for logs delivered to NZ ports in May increased by an average of $4 per JASm3 from April prices.

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Log Market - April

Export prices declined by an average of $1 per JASm3 over the country. We have seen some spot increases, but this is more a reflection of exporters chasing volume for ships or looking to secure a supply chain at a port.

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Good times for forestry

In two informative sector features, the ANZ reports on heightened forest harvesting activity and improved forecast financial returns for forestry investment.

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