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Australia and Pacific Region

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 [...]

New Zealand wood on a high demand as China shuns US exports; export prices near records

Forestry prices in New Zealand — one of the world’s largest timber exporters — are near record highs, thanks largely to [...]

ISO publishes chain of custody standard for wood products

ISO (the International Organization for Standardization) has published a new, voluntary standard for chain of custody (CoC) of wood and [...]

Global trade of softwood lumber down in 2018

Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same period [...]

Chinese imports of hardwood chips reach record high in the 3Q/2018

Chinese pulpmills have continued to increase importation of hardwood chips throughout 2018, and import volumes reached a new record high [...]