Ocean freight rates at record levels: premium surcharge impact

Convert to PDFGlobal container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium service that some are calling ‘extortionate’. Early January discussion with two major importers to Australia included comments that they were required to pay additional fees just to have the… Read More

BREAKING: Australian log exports crashed in December

Convert to PDFIndustryEdge advises that Australia’s log exports fell to a five-year low in December 2020, down 47% on the prior December and totalling just 196,519 m3. The dramatic fall saw exports 34% lower than for November, which was itself 32% lower than exports in October. The average export price… Read More

NZ log exports down 6.3% in 2020

Convert to PDFNew Zealand’s log exports declined 6.3% in 2020, falling to 20.080 million m3 in the tumultuous year. As the year drew to a close, exports in December totalled 1.845 million m3, down 4.4% on the prior month but a solid 8.6% higher than exports recorded in December 2019. Read More

Converted Products Update

Convert to PDFMoulded Fibre Products Imports The value of Australia’s Moulded Fibre product imports continued to increase across the year ended November 2020. Up 5.9% across the year, total imports were valued at AUDM39.7, compared to the AUDM37.5 imported in the prior year. Used for a variety of purposes, including… Read More

Shipping & Freight: Ocean freight rates at record levels

Convert to PDFOcean freight rates at record levels: premium surcharge impact Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium service that some are calling ‘extortionate’. Early January discussion with two major importers to Australia included comments that they were… Read More

Pulp Market: Softwood prices lift sharply as market turns

Convert to PDFBleached softwood kraft (BSK) pulp prices rose significantly in December, as a variety of factors impacted the market. Producers appear to be short on supply, perhaps even more than normal due to the market asymmetry that the pandemic has imposed. In addition, demand has grown in recent weeks,… Read More

Economics: A little help please… local currencies at 3-year highs

Convert to PDFThe Australian dollar lifted to a three year high in mid-January as the strength of local conditions relative to the rest of the world continued to distinguish themselves. On 14th January, trading at USD0.7751, the Australian dollar appeared to be temporarily settled around the USD0.7700 mark. Although there… Read More

Fibre-packaging for food lifts ‘specialties’ to a new level

Convert to PDFIn part driven by sustainability, global food businesses and brands are increasingly focussed on shifting their packaging to fibre and away from less sustainable offerings. While that is a welcome – some say overdue – direction, the reality is that some grades of fibre packaging, specialty papers and… Read More

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