It has been predicted for many years and reality has finally come, Australia is now short of softwood log supply. While our softwood harvest has reached 17 million cubic metres the average volume over the last 10 years has been marginally over 15 million cubic metres per annum.
The index is a measure of the residual log value to the forest owner once harvest and haulage costs are subtracted from mill door log prices.
2018 proved to be another booming year for the global wood pellet market with a 26% growth rate compared to 2017. Reported global pellet trade reached a significant 23.8 million tonnes in 2018 (compared with 18.9 million tonnes in 2017).
Accoya cladding can be manufactured from imported Australia and New Zealand Radiata pine. Radiata pine is used in Australia (AU) and New Zealand (NZ) to produce structural sawn timber components.
North America continues its world dominance as the largest producer/exporter of pellets while Europe continues to be the largest consumer of wood pellets. While weather and energy prices (oil and natural gas) are the main indicators for the heating pellets markets…