ARBOR RESOURCES Ltd

  • Home
  • Heat/Drying Plant
  • Equipment for sale
    • Forklifts
    • Remanufacturing Plant
    • Vehicles
    • Yard
    • Misc Machinery
    • MISC FOR SALE
  • Sale Specials
  • Our Timber
    • Timber Standards
    • Timber Grades
    • Available stock
    • Affordable Outdoor Timber
  • About
    • About Us
    • Our Operations
    • Environment Policy
    • The Team
    • Why Pine?
    • Testimonials
    • Your Industry >
      • Your Industry
      • Architects, Engineers & Specifiers
      • Exterior Joinery & Construction
      • Furniture & Interior Joinery
      • Industrial, Pallets & Packaging
      • Health & Safety
      • Landscaping & Heavy Construction
    • Learn More >
      • NZ Pine Info >
        • Statistics
        • Area Planted
        • Plantations
        • Where Harvest Go
        • Forecasts
        • Useful Links
      • FAQs
      • Glossary >
        • Wood Terms
        • Shipping Terms
      • Videos
      • Downloads
  • Orders & Inquiries
    • Orders & Inquiries
    • Timber Exports Inquiry
    • New Zealand Domestic Sales
  • Blog
  • Contact Us
  • 联系我们
  • Blog
  • Home
  • Heat/Drying Plant
  • Equipment for sale
    • Forklifts
    • Remanufacturing Plant
    • Vehicles
    • Yard
    • Misc Machinery
    • MISC FOR SALE
  • Sale Specials
  • Our Timber
    • Timber Standards
    • Timber Grades
    • Available stock
    • Affordable Outdoor Timber
  • About
    • About Us
    • Our Operations
    • Environment Policy
    • The Team
    • Why Pine?
    • Testimonials
    • Your Industry >
      • Your Industry
      • Architects, Engineers & Specifiers
      • Exterior Joinery & Construction
      • Furniture & Interior Joinery
      • Industrial, Pallets & Packaging
      • Health & Safety
      • Landscaping & Heavy Construction
    • Learn More >
      • NZ Pine Info >
        • Statistics
        • Area Planted
        • Plantations
        • Where Harvest Go
        • Forecasts
        • Useful Links
      • FAQs
      • Glossary >
        • Wood Terms
        • Shipping Terms
      • Videos
      • Downloads
  • Orders & Inquiries
    • Orders & Inquiries
    • Timber Exports Inquiry
    • New Zealand Domestic Sales
  • Blog
  • Contact Us
  • 联系我们
  • Blog

Arbor Resources Blog Updates

​Chinese imports of softwood and hardwood wood products will be
significantly altered in 2022 if Russia’s log export ban is implemented
China is the world’s largest importer of softwood and hardwood logs, and for many decades,
Russia has been a significant log supplier for them. This relationship may change in 2022
if Russia implements their proposed ban on exports of softwood logs and valuable
hardwood logs, while also introducing export taxes on green lumber. All these policy
changes are designed to encourage increased domestic production of higher-valued forest
products.
The Russian parliament has not yet announced the final legislative proclamation, so it is
not clear if there will be a complete or phased-in ban, a significant export tax, or even the
possibility of a state-owned export monopoly. However, a signal has been sent to the
marketplace that Russia will no longer be a major supplier of softwood and hardwood logs.
One consequence of this decision is that Chinese wood manufacturers will need to explore
new long-term log supply regions.
In 2020, China imported almost 6.5 million m3 of logs from Russia, predominantly
softwood species. The trade was substantially less than in any year during the past two
decades. Nevertheless, Russia was still the largest supplier of hardwood logs to China in
2020 (more prominent than any other source of temperate or tropical logs) and the thirdlargest
supplier of softwood logs.
It is crucial to keep in mind that China has shifted from sourcing logs from Russia to
European suppliers the past few years as insect-infested timber in Central Europe has been
in temporary abundance. From 2018 to 2020, softwood log imports from Europe increased
from 1.3 million m3 to 12.3 million m3, while Russian-supplied logs fell from 7.8 million
m3 to 4.2 million m3. However, shipments from Europe are not sustainable long-term.
According to the just-released study by the consulting firms Wood Resources International
and O’Kelly Acumen (Russian Log Export Ban in 2022 - Implications for the Global
Forest Industry), China is expected to source more sawlogs from Oceania, Europe, and the
US short-term. Longer-term, the study anticipates that China is likely to shift further from
WRI Market Insights 2021
- a subscription service from Wood Resources International
Global Sawlog Markets
Wood Resources
International
importing logs to lumber, thus creating opportunities for lumber manufacturers, mainly in
Europe and Russia, to increase shipments to this growing market.
The excerpt above is from the just-released Focus Report “Russia Log Export Ban in 2022 –
Implications to the Global Forest Industry”, published by Wood Resources International LLC
and O’Kelly Acumen. For more information about the study or to inquire about purchasing the
60-page report in easy-to-read slide format, please contact either Hakan Ekstrom
(hakan@woodprices.com) or Glen O’Kelly (glen.okelly@okelly.se). A Table of Contents of the
report is available on our website. Click here!
Contact Information
Wood Resources International LLC
Hakan Ekstrom, Seattle, USA
info@WoodPrices.com

December 14th, 2016

14/12/2016

0 Comments

 
​New Zealand structural log prices have hit their highest level in more than two decades as local mills compete with the export market to secure supply to meet demand from the domestic market. 

The price for structural S1 logs lifted to $124 a tonne this month from $123 a tonne last month and $114 a tonne at the same time last year, reaching the highest price for the grade since April 1994, according to AgriHQ's monthly survey of exporters, forest owners and saw millers. 

"The New Zealand domestic log market has slowly but consistently risen this year, and the past month was no different," AgriHQ analyst Reece Brick said in his report. "Supply and demand fundamentals remain skewed in favour of sellers rather than buyers, squeezing even more returns out of harvested logs." 

The market remains strong for most segments of the domestic industry, even as the volumes traded slowed when winter weather stymied construction activity, AgriHQ said, noting that local wood supply had been hampered due to difficulties harvesting in wet weather. While strength in the local housing market is helping stoke demand, the main driver behind higher domestic prices is that export markets are draining supplies out of New Zealand, the report said. 

"Domestic mills are in a tug-of-war with export log traders for unpruned logs and are facing the prospect of further hikes in log procurement costs," Brick said. "A large portion of mills are still paying below the export market for logs. Log suppliers are currently attempting to gauge mills ability to absorb higher log prices. All signs suggest more increases are on the cards." 

Prices in the log market are heavily reliant on Chinese demand, which is expected to hold in the medium term after the Chinese government introduced restrictions on logging native forests and reduced tariffs on imported logs to 11 percent from 13 percent to discourage the use of native wood, AgriHQ said. 

New Zealand exported 1,666,639 cubic metres of logs in April, up 3 percent on March volumes and 21 percent higher than a year earlier. Some 72 percent of the volume was exported to China. "The volume exported in April is one of the largest amounts exported in the last 10 years and is only surpassed by August 2016," Brick said. 

The value of log exports is expected to climb to NZ$2.66 billion this year from NZ$2.22 billion last year and reach $3.14 billion in 2021, according to the latest Situation and Outlook for Primary Industries published by the Ministry for Primary Industries last week. 

Source: Scoop
0 Comments



Leave a Reply.

    Author
    ​FRANK T DAVIS 

    A SURLY AND CYNICAL OLD CURMUDGEON WITH A JAUNDICED VIEW OF THE POLITICAL ELITE .

    Archives

    March 2021
    July 2020
    February 2020
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    September 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016

    Categories

    All

    RSS Feed

PLEASE NOTE: ARBOR DOES NOT TRADE IN LOGS, ONLY SAWN TIMBER AND TIMBER PRODUCTS!

About
Our Timber
Your Industry
Timber Export
Learn More
Orders & Enquiries
Blog
Contact Us
© COPYRIGHT 2015 Arbor Resources Ltd. ALL RIGHTS RESERVED.