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Scott Downs
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Log demand is down in China but reduced supply is maintaining a balance. India subdued. Domestic demand signals stay strong
28th Oct 22, 11:56am
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Log demand is down in China but reduced supply is maintaining a balance. India subdued. Domestic demand signals stay strong
Export log prices rising because shipping costs are falling. Demand may hold due to some special Chinese market factors but that may be temporary. Demand from India remains weak. Local demand generally stable
1st Oct 22, 11:31am
Export log prices rising because shipping costs are falling. Demand may hold due to some special Chinese market factors but that may be temporary. Demand from India remains weak. Local demand generally stable
Most at-mill prices remain stable for logs but at-wharf prices rise as shipping costs reduce again. Chinese demand shows some signs of life, but Indian demand remains weak
1st Sep 22, 11:52am
Most at-mill prices remain stable for logs but at-wharf prices rise as shipping costs reduce again. Chinese demand shows some signs of life, but Indian demand remains weak
Despite weakening demand from China and India, log prices rose in July after shipping costs fell. Domestic demand remains good, and sawn timber sales to Europe are strong too
1st Aug 22, 10:04am
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Despite weakening demand from China and India, log prices rose in July after shipping costs fell. Domestic demand remains good, and sawn timber sales to Europe are strong too
A weaker Chinese market, higher shipping costs, and the currency impact have driven At Wharf Gate log prices down more than -20% in 2022. Meanwhile harvesting contractors are suffering fast rising costs
1st Jul 22, 11:12am
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A weaker Chinese market, higher shipping costs, and the currency impact have driven At Wharf Gate log prices down more than -20% in 2022. Meanwhile harvesting contractors are suffering fast rising costs
Chinese demand for logs depends on lockdown easing there, but hopes are high from August. Indian demand very uncertain. Domestic mills worry about supply due to postponed harvesting
1st Jun 22, 10:20am
Chinese demand for logs depends on lockdown easing there, but hopes are high from August. Indian demand very uncertain. Domestic mills worry about supply due to postponed harvesting
The key log markets have turned very uncertain. China's pandemic response is reducing construction demand. India is prioritising other cargoes. High freight costs are driving down at-wharf-gate prices locally
13th May 22, 12:07pm
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The key log markets have turned very uncertain. China's pandemic response is reducing construction demand. India is prioritising other cargoes. High freight costs are driving down at-wharf-gate prices locally
The log market is turning in sellers favour as supply into China and India reduces, but questions remain about the medium term health of the Chinese construction market
4th Apr 22, 11:29am
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The log market is turning in sellers favour as supply into China and India reduces, but questions remain about the medium term health of the Chinese construction market
A virtuous combination of higher sale prices in China, an easing of shipping costs and a weakening of the NZD have raised wharf prices for export logs. But it may not last
26th Feb 22, 11:26am
A virtuous combination of higher sale prices in China, an easing of shipping costs and a weakening of the NZD have raised wharf prices for export logs. But it may not last
Domestic demand for logs remains strong, but export markets are uncertain. China will probably rise in 2022 as normal but there are questions. India may get even more difficult
28th Dec 21, 12:39pm
Domestic demand for logs remains strong, but export markets are uncertain. China will probably rise in 2022 as normal but there are questions. India may get even more difficult
Recent falls in export log prices offset by fast-retreating shipping costs, and face a better future as Chinese demand should rise in January. But India is oversupplied
25th Nov 21, 12:19pm
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Recent falls in export log prices offset by fast-retreating shipping costs, and face a better future as Chinese demand should rise in January. But India is oversupplied
Log prices reduced in October as shipping costs take a bigger share of returns even though Chinese demand is good, and European sawn timber markets are strong. Domestic markets are somewhat oversupplied
29th Oct 21, 11:30am
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Log prices reduced in October as shipping costs take a bigger share of returns even though Chinese demand is good, and European sawn timber markets are strong. Domestic markets are somewhat oversupplied
Log prices flat as shipping congestion charges ease slightly, and domestic lockdown demand softens sharply, allowing harvesting and sawn timber processing to catch up
20th Sep 21, 9:44am
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Log prices flat as shipping congestion charges ease slightly, and domestic lockdown demand softens sharply, allowing harvesting and sawn timber processing to catch up
Although prices in China are rising with demand, log sellers effectively pay the shipping costs which have jumped, and this has sharply reduced local at-wharf prices
2nd Sep 21, 12:07pm
Although prices in China are rising with demand, log sellers effectively pay the shipping costs which have jumped, and this has sharply reduced local at-wharf prices
July export log prices slipped as China's seasonal demand falloff took an added hit. But domestic demand stayed strong, and Indian demand is picking up
23rd Jul 21, 9:15am
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July export log prices slipped as China's seasonal demand falloff took an added hit. But domestic demand stayed strong, and Indian demand is picking up
The global shortage of logs and sawn timber have pushed prices to a record high. Regulatory limits are encouraging the surge when there is a worldwide shortage of wood products
16th Jun 21, 11:36am
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The global shortage of logs and sawn timber have pushed prices to a record high. Regulatory limits are encouraging the surge when there is a worldwide shortage of wood products
Log prices jump on strong domestic demand, and rising demand from China which now takes 88% of our log exports. Rivals for this China trade fall away as US demand rises. NZ prices at new record high
19th May 21, 9:46am
Log prices jump on strong domestic demand, and rising demand from China which now takes 88% of our log exports. Rivals for this China trade fall away as US demand rises. NZ prices at new record high
An increase in domestic and export saw log prices has lifted prices above their five year averages. Domestic demand is strong. Sawn timber prices in China have continued to increase faster than log prices
1st May 21, 8:58am
An increase in domestic and export saw log prices has lifted prices above their five year averages. Domestic demand is strong. Sawn timber prices in China have continued to increase faster than log prices
Log and sawn timer prices remain high with good demand locally and from China, and with India improving. Freight is boosting the price customers need to pay
27th Mar 21, 11:23am
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Log and sawn timer prices remain high with good demand locally and from China, and with India improving. Freight is boosting the price customers need to pay
Foresters are getting higher prices for logs from both local processors and from export sales to China, but they can't compete with distressed Aussie sales into India
2nd Mar 21, 4:36pm
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Foresters are getting higher prices for logs from both local processors and from export sales to China, but they can't compete with distressed Aussie sales into India
High harvest supply sees domestic prices stable on strong demand. But China prices rise after their ban on Aussie logs, although India under pressure as they become the destination for diverted supply
18th Dec 20, 9:46am
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High harvest supply sees domestic prices stable on strong demand. But China prices rise after their ban on Aussie logs, although India under pressure as they become the destination for diverted supply
Demand for New Zealand logs in China are very good with solid demand, reducing inventory levels, and reduced supply from other countries. But log stocks building in a quiet India with diverted log supply
30th Nov 20, 8:44am
Demand for New Zealand logs in China are very good with solid demand, reducing inventory levels, and reduced supply from other countries. But log stocks building in a quiet India with diverted log supply
Local demand for logs remains strong as does Chinese demand; not so for India. However, export demand for China's furniture is weak even though fibreboard production capacity is rising very fast
21st Oct 20, 10:38am
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Local demand for logs remains strong as does Chinese demand; not so for India. However, export demand for China's furniture is weak even though fibreboard production capacity is rising very fast
Strong domestic demand and rising China demand for both logs and sawn timber has both sawmillers and log exporters optimistic. Indian demand still weak as pandemic limits capacity
12th Sep 20, 9:46am
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Strong domestic demand and rising China demand for both logs and sawn timber has both sawmillers and log exporters optimistic. Indian demand still weak as pandemic limits capacity
Increases in China log prices cancelled out by higher shipping costs. Export demand for sawn timber remains firm. Domestic demand good but expected to slow
20th Aug 20, 10:08am
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Increases in China log prices cancelled out by higher shipping costs. Export demand for sawn timber remains firm. Domestic demand good but expected to slow