News
Price stability has been the order of the day over the last month for both export and domestic log sales. There is a lot happening internationally that may yet impact…
The log market has remained stable over the last month, with little change to domestic and export prices. Given the high price volatility of the last 12 months, there is…
The forest and woodlot harvesting sector in NZ has returned to reasonable wood flows on the back of some better export log prices. For the moment, a subdued production has…
A small lift in log prices in September has seen some harvest projects get underway again with many loggers and truckers back to work. India is now very much in…
August has largely been a steady as she goes month. Both domestic and export log sales segments have remained stable to slightly weak. Demand in the NZ new house construction…
The tide has turned in China with demand at a low point and prices under downward pressure. Thankfully as at mid-July, not to a significant degree. In line with expectations,…
The indicator arrows have continued to move slightly to the positive in China with daily sales volume levels ahead of expectation. Inventory is dropping and sales prices for Kiwi logs…
April has seen the market continue to stabilise but at historically lower prices which has limited production from our forests. This particularly impacts those forest owners in regions where no…
Over the last month, the China market has settled down after a significant swing down with some key factors moving to the positive, albeit not stunningly so. Whilst NZ wharf…
Very much against the tide of what we had been expecting, the China market has taken a major turn down. Indeed, the current correction might best be described as catastrophic,…
Another lift in CFR prices in China with a small reduction in sea-freight rates saw another good price increase for February at wharf gate prices. This has taken us over…
The log price consolidations we saw Q4 2023 have remained for January. We have seen small lifts in export prices. Domestic prices remain stable with some factors moving toward the…
The lifts in export log prices reported last month have continued in to December. The selling price in China has been increasing with positivity pervading the market generally. Most commentators…
Export prices have firmed in November leading us back up to close to NZ$110 per JAS m3 at wharf gate for South Island ports, up NZ$9 – 10 /m3 on…
For the first time in a long-time, log prices across both domestic and export log trade segments are stable and demand is just OK, but also steady. Whilst we are…
Export log prices slipped back slightly in September on the back of continuing softening in China. For South Island Ports, wharf gate prices have also nudged back rendering many harvest…
There has been a significant rebound in at wharf gate export grade log prices in August on the back of good lifts in China, although current signals are emphasising high…
I have been marketing trees and logs for famers and forest growers since November 1989 and for the last 18 years of that I have been marketing logs directly to…
A memorable time for all the wrong reasons this month with Export log price at wharf gate falling to a low last experienced in 2015. A check back on the…
My prophetic words in last months report “….but May could be a cot case unless consumption picks up quickly in China and shipping rates do not continue to fall”. A…
April 2023. Our log export sector is very much a story of history repeating this month, with most fundamentals pointing south after a price spike. Underlying the apparent weakness in…
March 2023. We have a tale of very much two games in town this month. On the one hand our domestic sawmill customers are very much hurting over an abundance…
For the NZ Log trade, the beginning of 2023, is dominated by many positives as the market planets have continued to come back into alignment. This is of course tempered…
The NZ forest industry return from summer holidays has been greeted with generally positive news out of China, but our local sawmills have started to come off the boil significantly…
December 2022. A review of the domestic sawmilling scene very much confirms lumber sales are off the boil. In fact, most spoken to paint a picture of reduced sales and…
November 2022. The NZ domestic market has continued a downward slide in demand in Q4 with it becoming apparent the overall market is teetering on the very narrow ledge of…
October 2022. A very mixed bag this month with uncertainty and unpredictability being the order of the day. So much what we can say about the market generally, dovetails back…
September 2022. Further good lifts in at wharf gate log export prices have been the order of the day in September. As in August, the increases are primarily the function…
August 2022. Whilst the China key market indicators remain flat to weak, export log prices increased at wharf gate NZ in August, primarily on the back of reduced shipping rates.…
July 2022. The low market point in June in the log export segment has had some significant impacts across the NZ Forest industry. Many logging crews have been parked up,…
