The Australian and New Zealand regional Softwood Log Price Index lifted 14.4% in March, despite deteriorating prices for Australian exports. The combined weighted index, based in US dollars, rose entirely due to a 16.1% lift in New Zealand’s export price according to IndustryEdge’s Softwood Log Export Price Index. The index… Read More
End of the ‘magic pudding’ era of timber supply: what peak capacity means for you!
The last two years have startled the housing market and timber supply chain into understanding there is no magic pudding of endless global timber supply, just waiting for demand to gobble it up. In fact, the recent experience is that like waiting politely for the pudding to come around at… Read More
Woodchip Export Market: Exports continue to rise as fibre demand strengthens
Australia’s total woodchip exports rose 9.1% in February 2022, compared with the prior month, climbing to 517.9 kbdmt (bone dried metric tonnes), with hardwood chip exports rising sharply and stability in softwood chip exports. Hardwood chip exports rose 14.4% for the month to 425.7 kbdmt, but softwood chip exports softened… Read More
Australian Dwelling approvals trending down gradually
New housing approvals in Australia appear to be trending down. Across the six-month period Sep’21 – Feb’22, approvals averaged approximately 16,000 per month, as compared to an average 21,000 residences approved each month during the previous six months. Construction companies large and small continue to suffer the effects of shortages… Read More
Annual Woodchip exports up 18.2% year-ended February 2022
Australia’s combined annual exports of hardwood and softwood woodchips for the year-ended February 2022 were recorded at 5.509 million bone dried metric tonnes (bdmt), 18.2% higher than the prior year. Average monthly export volumes have trended upward since ‘confidentiality’ restrictions were introduced in the middle of 2020. Australia’s entire woodchip… Read More
Log Exports – Softwood down 65.1%, Hardwood down 51.8%
ANZ Log Export Price Index up in February IndustryEdge’s Australian and New Zealand Export Log Price Index fell to its lowest point for the year in January 2022; before rebounding in February to USD107/m3. The combined index value for February trade was 105.4%, meaning the average log price was 5.4%… Read More
Spotlight on Europe: Latest pulp, paper and wood trade information and analysis
As Russia’s atrocious war on Ukraine grinds on, it is all too clear the aggression and its implications will continue for some time. Not least of the implications is the sanctions and embargos on Russian trade. The likelihood is that many of these actions will continue well beyond the… Read More
Woodchip Market: Exports continue to rise as fibre demand strengthens
Australia’s total woodchip exports lifted 16.7% in January 2022, compared with the prior month, climbing to 474.1 kbdmt (bone dried metric tonnes), with hardwood chip exports stable and a big lift in softwood chip exports being reported. Hardwood chip exports lifted 1.1% for the month to 371.4 kbdmt, but… Read More
Annual Woodchip exports up 18.3% year-ended January 2022
Australia’s combined annual exports of hardwood and softwood woodchips for the year-ended January 2022 were recorded at 5.277 million bone dried metric tonnes (bdmt), 18.3% higher than the prior year. Average monthly export volumes have trended upward since ‘confidentiality’ restrictions were introduced in the middle of 2020. Australia’s entire woodchip… Read More
Log exports – New Codes, New Data and Some Data Errors
As we advised over recent months, commencing January 2022, new trade codes are being used for a wide range of wood products. IndustryEdge has implemented all the required database changes and has created all the normal uploads and files clients have come to expect. As with any new… Read More