Australian Timber Market Survey

URS has released details of their Australian timber market survey for the June quarter. The key findings are as follows The number of approvals for the construction of private sector detached houses fell by 5.6% over the June quarter 2012, which indicates soft demand for structural timber products. Construction activity Read more…

RECOVERY AT LAST

The timber industry can expect a slow but tentative, domestic market led recovery from this springtime. By the end of summer quite significant shortages in some lines will emerge, which will push prices up by an average of 10%, enough to return the industry to profitability. Recent stats indicate we Read more…

Housing Consents Decline in April

National housing consents fell in April after a big jump up in March, according to Statistics New Zealand figures. In April there were consents issued for 1230 new homes, including apartments, down 21 per cent from the 1559 issued in March. The value of home and apartment building consents in Read more…

Global Forest Industry This Quarter

The Global Conifer Sawlog Price Index (GSPI) declined in the 1Q/12 for the third consecutive quarter to $85.90/m3, down 2.7 percent from previous quarter.    the Softwood Wood Fiber Price Index (SFPI) fell by 0.4 percent from 4Q/11 to $104.88/odmt, which was a continuation of a declining trend that started 3Q/11. Read more…