Economics: Manufacturing picked up in June, but it’s all about food right now

At a headline level, news of the expansion of the Australian manufacturing sector will always be well received. It is good news, but it is also patchy news, because as we well know, not all sectors are faring as well as others. The Australian Performance of Manufacturing Index (Australia PMI®)… Read More

Annual Woodchip exports down 26.6% year-ended May [Subscribers Only]

Australia’s combined annual exports of hardwood and softwood woodchips for the twelve-months-ended May 2020 were recorded at 5.422 million bone dried metric tonnes (bdmt). Monthly export volumes began dropping around the middle of 2019, and have not been above the 500,000 bdmt mark since October 2019. Hardwood chips make up… Read More

Log Exports – Softwood down 0.7%, Hardwood down 21.9% [Subscribers Only]

Softwood Log Exports steady – down just 0.7% Australia’s exports of softwood logs held steady across the 12-months-ended May 2020. Exports for the year totalled 3.566 million m3, down just 0.7% compared to the prior year. Examined on a monthly basis, softwood log exports for May 2020 jumped to 452,527… Read More

NZ log exports leap as prices fly

New Zealand’s log exports almost tripled in May 2020, with softwood log exports lifting 185% compared to April, reaching 1.604 million m3. Exports were at their highest monthly level in five months. In a development that underscores the importance of New Zealand’s log supply to China, the average export price… Read More

Australian sawn softwood consumption down 13% year-ended April

Australia’s estimated apparent Sawn Softwood consumption for the year ended April 2020 totalled 3.208 million m3. Compared to the previous year, ending April 2019, this represents a 12.8% decrease in annual consumption. Production (where domestic sales are the proxy measure) for the year was down a calculated 2.0% to 2.939… Read More

Annual Woodchip exports down 21.3% year-ended April [Subscribers Only]

Australia’s combined annual exports of hardwood and softwood woodchips for the twelve-months-ended April 2020 were recorded at 5.728 million bone dried metric tonnes (bdmt). Monthly export volumes began dropping around the middle of 2019, and have not being above the 500,000 bdmt mark since October 2019. Hardwood chips make up… Read More

Log Exports – Softwood up 4.0%, Hardwood down 21.3% [Subscribers Only]

Softwood Exports up 4.0% Australia’s exports of softwood logs grew across the 12-months-ended April 2020. Exports for the year totalled 3.691 million m3, up 4.0% compared to the prior year. Examined on a monthly basis, Softwood log exports for April 2020 jumped to 361,983 m3. For export, softwood logs are… Read More

BREAKING: Sawn softwood import prices crash!

MELBOURNE, AUSTRALIA: Imports of sawn softwood continued within the expected range in April 2020, with shipments totalling 37,203 m3 for the month. That was 16% higher than the prior month, but 500 m3 below the average of the last year. However, the average import price plunged 15.2% compared with the… Read More

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