17 June 2012

Sales and prices are reasonably stable.

 Sales to the big three: Australia, The US and China are basically flat. 

Most interesting is the large number of small markets we are poking wood into.

 Talk to some of our very experienced exporters and they love giving you that knowing wink about some foray into a place you would never have thought of buying our timber.

 They all add up and in any one of them we could end up with a tiger by the tail.

You have to take your hats off to the determination of our exporters in very trying market  conditions to pull a rabbit out of the hat.

For calendar 2011 sawn export prices are up   5.5% for the year.

For the calendar year sawn export sales were down 10.8% or $91million yet log sales to export for that period were up $304 million.

The US market saw our lumber exports with a price 9.4% down compared with two years ago.

Australia was down 5.5% in 2011 on 2010.

For the December Quarter sawn timber export prices to Australia were down 6.3% on a year ago. Further the Australian market is under strong attack from third country suppliers.