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Australia and Pacific Region

Strong lumber markets in the US and Europe increased the global sawlog price by 10%

The Global Sawlog Price Index (GSPI) increased substantially, driven by strengthening lumber markets in both the US and Europe. The [...]

Daiken cleared to buy MDF plant in New Zealand

The Commerce Commission in New Zealand has granted clearance for Daiken New Zealand to acquire 100% of the shares in [...]

Greenpeace to withdraw from FSC

Greenpeace is withdrawing from the main global group for certifying sustainable wood products, saying it is failing to protect natural [...]

New Zealand’s XLam to start CLT production at site in Australia

New Zealand wood products manufacturer XLam started manufacturing Cross Laminated Timber (CLT) panels at its Wodonga site in Australia.  [...]

Timber construction in Australia might be allowed up to 8 storeys

The Forest and Wood Products Australia (FWPA) insisted to make some changes in the National Construction Code (NCC) as to [...]

New Zealand log prices set new record on booming Chinese demand

Export log prices in New Zealand reached new record in January 2018, boosted by continued strong demand from China, a [...]

Global furniture production dominated by China

Total furniture production in the world’s 100 largest countries, by GDP, was valued at USUS$430 billion in 2017 [...]

New Zealand softwood log exports reach new records for 2017

Log exports from New Zealand recorded hit volumes last year. This confirmed the local manufacturers' concerns regarding the fact that [...]

Strong lumber demand increases global sawlog prices

Global sawlog prices were reported higher throughout the world in the 3Q/17 and are likely to continue upward into [...]