News archive

Tag: prices

NZ logging halt undercuts strong export month

27-05-2020
New Zealand, log, export, prices, April 2020

Log exports fell sharply in April 2020 after logging operations were suspended during alert level 4, but average prices per cubic metre picked up, Stats NZ said today. Total exports fell $220 million (4 percent) to $5.3 billion in April 2020 compared with the same month last year. “Total exports would have been worth almost the same as …

China sees rise in sawnwood imports but not tropical sawnwood in 2019

06-04-2020
China, sawnwood, softwood, hardwood, markets, prices, volume, 2019, imports

According to data from China’s Customs, 2019 sawnwood imports totalled 38.11 million cubic metres valued at US$8.591 billion, a year on year increase of 4% in volume but a decline of 15% in value, reported ITTO. Of total sawnwood imports, sawn softwood imports rose 15% to 28.62 million cubic metres accounting for 57% of the national total, …

NZ sawmills closures amid log shortage and inflated log prices caused by overseas subsidies

04-02-2020
New Zealand, overseas subsidies, softwood, pine, sawmill closures, inflated prices

Sawmills in New Zealand find it hard to stay profitable when overseas competitors can benefit from subsidies, Wood Processors and Manufacturers Association (WPMA), New Zealand’s main timber industry organisation says. The problem is so bad that one day all timber used in New Zealand may have to be imported instead, despite having around two …

Nordic sawmill curtailments continue

11-11-2019
Nordic sawmills, curtailment, lower prices, oversupply, spruce beetle infestation, Berg Timber, Stora Enso, Moelven, Setra, SCA

Nordic sawmillers have reported weaker results and curtailment of production to manage lower prices, oversupply and weakening demand amid a background of uncertain global economic conditions, reported Timber Trades Journal Online. Spruce beetle infestation is also resulting in large amounts of material flooding the market. During the autumn and …

Global and European sawlog prices have fallen over the past two years

27-09-2019
sawlog, prices, global, Europe, America, Austra, Australia, New Zealand, Brazil, Chile

The Global Sawlog Price Index (GSPI) fell for the fifth consecutive quarter in the 2Q/19, reaching a two-year low. Log prices were down on all continents, with the biggest declines occurring in Europe, according to the Wood Resource Quarterly. Plentiful supply from storm-damaged and beetle-infested forests in Central Europe changed the log …

Multi-unit starts to continue dominating building trend in the U.S.

26-09-2019
U.S., housing, wood, timber, demand, supply, multi-unit, multi-family, single-family, housing market, North America, sawmills, wood products, Canadian, British Columbia, wood prices

Multi-unit starts continue to dominate, by a much higher ratio than previously expected, reported Madison’s Lumber Reporter. For several years since the U.S. housing recovery in 2006, economists believed that the ratio of single-family starts would eventually recover to previous levels but the belief has yet to materialise. Instead, there …

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