November saw total deliveries of Australian woodchips fall to an estimated 372,506 bdmt, with all deliveries headed into China and Japan. Deliveries to China accounted for 71.7% of the total in November, with Japan receiving the remaining 28.3%. Our provisional view is that deliveries in December will return to trend,… Read More
Recovered paper export pressures compound
Global recovered paper markets are operating under intensifying pressure as 2019 comes to a close. Exports for the year to the end of October totaled 1.110 million tonnes, down 7.2% on the prior year. All indications are that the softening of global economic conditions and of Chinese manufacturing in particular,… Read More
2020: Freight Costs Will Rise
2020 will see higher global freight costs, especially for containerised goods. A swathe of factors is converging to see higher freight costs apply to nearly all global routes, with the longest routes – like those from Europe to Australia – likely to see sharply higher costs. Information supplied to customers… Read More