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January 27, 2020

Sawmill closures in New Zealand as overseas market subsidies inflate log prices

Sawmill closures in New Zealand as overseas market subsidies inflate log prices
Sawmills in New Zealand find it hard to be profitable when overseas competitors can benefit from subsidies, the main timber industry organisation says. The problem is so bad that one day all timber used in New Zealand might have to be imported.   That is despite the fact that around two million hectares of trees are grown for timber in New Zealand, mainly pine trees. These comments came from the Wood Processors and Manufacturers Association.    They followed a decision in principle by Carter Holt Harvey (CHH) to close its sawmill in Whangarei. The company is ...

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