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Australia and Pacific Region

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 [...]

Global softwood sawmills register strong earnings

The US South was the highest margin sawmill region in North America – a place it has held since 2008 – as [...]

Quick overview of this year’s International Hardwood Conference

Venice hosted the most important hardwood lumber conference in the world, on the 16th of November. More than 150 people [...]