ARBOR RESOURCES Ltd

  • Home
  • Heat/Drying Plant
  • Machinery for sale by tender
  • 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
  • timber manufacturing equipment
  • TAYLOR 8’, 20-SECTION ROTARY CLAMP CARRIER
  • Relocation Stock Clearance sale
  • Blog
  • Misc Machinery
  • Vehicles
  • Remanufacturing Plant
  • Yard
  • Stacking Line - TENDER
  • Home
  • Heat/Drying Plant
  • Machinery for sale by tender
  • 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
  • timber manufacturing equipment
  • TAYLOR 8’, 20-SECTION ROTARY CLAMP CARRIER
  • Relocation Stock Clearance sale
  • Blog
  • Misc Machinery
  • Vehicles
  • Remanufacturing Plant
  • Yard
  • Stacking Line - TENDER

Arbor Resources Blog Updates

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

    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.