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Australia and Pacific Region

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 [...]

Australian company to acquire one of New Zealand’s largest forestry business

Australian OneFortyOne Plantations (OFO) has signed an agreement to acquire one of New Zealand’s leading forestry businesses, Nelson Forests [...]

Overview of the global forest industry in Q3/2017

The strong softwood fiber global prices, led by the US dollar weakening and the growing demand from China have risen [...]

Log prices in New Zealand reach 24-year high

Structural log prices in New Zealand reach the highest level in 24 years, while A-grade export logs hit a [...]

Mohawk Industries acquires largest flooring company in Australia and NZ

Mohawk Industries has agreed to acquire Godfrey Hirst Group, the leading flooring company in Australia and New Zealand. Mohawk presently [...]