There is no change in the domestic log market with log prices locked in for the fourth quarter and year-end rapidly approaching. There is little change in their export markets with continuing high demand from Australia and Asia for non-clearwood lumber. One mill manager referred to the markets as “same-same”. The weakening NZD has also improved current cashflows.
READ MOREWith the formation of a Labour / NZ First / Greens coalition, we now get a feel for the direction of future climate policy.
READ MOREOn the 7th of November the MV Lucy Oldendorff set sail from Timaru, bound for Tauranga prior to heading off to China to discharge her load of radiata pine.
READ MOREAchievements from research funded by the Forest Growers Levy have been recognised on several fronts over the last month. Approximately 60% of the forest grower’s levy is invested in research and along with other funding including government, supports an overall annual programme of around $17-18million.
READ MOREPF Olsen are encouraging community conservation groups operating within PF Olsen managed forests to use Trap.NZ for their pest control records.
READ MORESafetree is a one-stop-shop for New Zealand’s forestry industry to find the safety information it needs.
READ MOREScion are inviting participation in their log price outlook.
READ MOREA recent report has been published on the effects of exotic forests on soil, ground water, water quality, air quality and native flora and fauna.
READ MOREWelcome to the newest team members to join PF Olsen.
READ MOREAre controls on to whom, when or at what price forest owners’ sell their logs to a good idea?
READ MOREThe domestic log market in Quarter Four of 2017 is virtually unchanged from Quarter Three. Most mill owners reported business as usual with the usual small fluctuations in local demand due to variations in the weather.
READ MOREThe election has been and gone, yet we are none the wiser as to what form our next government will take.
READ MOREYou may or may not be aware of the recent announcement of the passing into law of the National Environmental Standard for Plantation Forestry (NESPF).
READ MOREPositive signs for FSC Certification following and Intensive week at the FSC General Assembly in Canada.
READ MOREIn most cases, forests are simply trees on hills until planning and road construction commences to enable the trees to be harvested. This preliminary activity that we call getting a forest ‘harvest ready’ requires a range of skills from engineering and earthworks contractors to ensure a productive and safe operation.
READ MOREWelcome new staff members to the Rotorua Office.
READ MORENew Zealand votes for its political leadership under its MMP system on 23rd September. Statements made by contenders for the Treasury benches have put forestry onto the agenda in a way that I’ve not witnessed in the past 10 elections. Why?
READ MOREPrices for export logs delivered to NZ ports in September did the exact opposite from the previous month and increased an average of $4/m3 from August prices. This increase was due to the weakening of the NZD against the USD. There were slight increases in the CFR sale prices but these were off-set by slight increases in shipping freight costs. Local demand for lumber continues to drop significantly in Christchurch but increase in the Otago Lakes area. Demand for lumber in Auckland is still strong, but mill staff report demand growth from the likes of Hamilton and Tauranga is down on last year. Due to the increase in export prices the PF Olsen Log Price Index for September has increased two dollars and is now at $125. (See PF Olsen Log Price Index below). The average sale price is $16 per tonne above the three-year average.
READ MOREA collective view from over sixty participants within New Zealand’s supply chain predicts increased log prices over the next 12 months.
READ MOREWith the election only days away, there has been little news in the market, other than the various policy statements of the political parties as they jostle for position.
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