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…

Sawn Timber Exports Struggle

The four months to June 2011 show a 15% drop in sales. That contraction is very sudden and historically, very large. NZ Exports of Sawn Timber 4mths4mths% Jun-10Jun-11Change Australia68.457.6-15.79 United States62.546.1-26.24 Japan 14.910.5-29.53 China/Hong Kong53.341.8-21.58 Taiwan 10.014.1+41 Thailand9.610.7+11.46 Indonesia10.610.4-1.89 Philippines4.35.2+20.93 South Korea9.113.1+43.96 Vietnam 23.518.7-20.43 Malaysia2.73.8+40.74 New Caledonia2.83+7.14 Samoa 3.13.6+16.13 South Read more…