Tim Woods
The MarketWatch Blog is Transitioning to ResourceWise Forest Products
Forest2Market: July 14, 2023
Exports of logs from New Zealand to Mainland China hit a record 1.930 million cubic meters (m3) in March 2021, according to latest data available to Wood Market Edge online subscribers. The record came as New Zealand’s total log exports fell just short of the all-time monthly record, and at the same time as the average export price continued its strong growth.
Because Australian logs are currently excluded from the Chinese market, it is little wonder that the hot Chinese economy has increased its supplies from elsewhere, and no surprise that prices have risen so consistently.
The data, aggregated by the team at IndustryEdge shows the average price of log exports lifted to USDFob122.71/m3, just USD1.08/m3 below the all-time record set in January 2018.
IndustryEdge notes the excellent ongoing work of PF Olsen, whose monthly log market report shows the delivered price of logs in late April reached a record USDCFR178/JASm3. With freight prices also at historic highs, it is little wonder the delivered price has pushed out a little further than the free-on-board price.
Further analysis is available on the Wood Market Edge online platform.
Using a mix of trade data, automated vessel tracking, port “watching” and ongoing field research, Wood Market Edge online allows subscribers to understand what is happening in global trade today and predict what will occur in coming months.
The group of datasets available on the Wood Market Edge online platform delivers intelligence that is literally months ahead of the formal release of trade data, because in almost real-time, it links vessel movements at the ‘port-to-port’ level.
- Visual mapping of wood products trade flows between countries
- Detailed data displaying total demand for sawnwood on an ongoing basis
- Automatic charting based on user selections
- Powerful data visualizations providing instant insights into global trade flows
- Custom downloads of data and charts, and ongoing access to complete data files
Australian Softwood Log Exports Remain Low as Prices Soften
Tim Woods : July 15, 2021
Australia’s average softwood log export price slumped to a reported AUDFob109/m3 in May 2021, down 16% on the prior month. Exports totaled 158,095 m3...
St. Joe Deal Nets $1,475 per Acre in Northwest Florida Timberland Sale
The St. Joe Company has agreed to sell approximately 382,834 acres of its Northwest Florida timberland and rural land to Utah-based AgReserves, Inc....
Southern Yellow Pine Exports to China on Pace to Double in 2018
Daniel Stuber : November 12, 2018
According to trade data compiled by the US Census Bureau through August, 20181 exports of southern yellow pine (SYP) have increased nearly 1 million...