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Australia and Pacific Region

Building on tropical hardwood’s construction potential

Advocacy for using timber as a mainstream modern construction material is increasing in Europe and other regions. Faced with the [...]

Global sawmill sector’s shrinking profit margins in late 2018

Softwood lumber prices have generally fallen faster than the costs for sawlogs throughout the world in late 2018, resulting in [...]

Uncertainty in China log market lowers prices for New Zealand’s logs exports

At Wharf Gate (AWG) prices for logs delivered to ports around New Zealand decreased on average 7 NZD per JASm3 [...]

IKEA tests furniture rental in 30 markets

IKEA will expand tests to allow customers to rent desks and sofas rather than buy them as it shifts away [...]

New record in Chinese softwood log imports; New Zealand, top supplier

China had another record year of softwood log imports in 2018, when over 40 million m3 of logs landed at [...]

Global lumber trade falls due to slowing markets in US, China, UK and Japan

In 2018, global trade of lumber fell for the first time in five years, with total trade down 7% year [...]

New Zealand’s export prices for logs negatively impacted by higher ocean freight costs

At Wharf Gate (AWG) prices for logs delivered to ports around New Zealand decreased on average -NZ$5 per JASm3 [...]

New Zealand sawmill shuts down, due to skyrocketing log prices paid by the Chinese

New Zealand's Waverley Sawmill based in South Taranaki, which has traded since at least 1932, has been sold and [...]

Global sawlog prices reach highest level in 4 years

In early 2018, the Global Sawlog Price Index (GSPI) reached $80.73/m3, its highest level since 2014. Sawlog prices [...]