{"id":88131,"date":"2024-10-08T03:23:44","date_gmt":"2024-10-08T03:23:44","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/new-zealand-timber-industry-has-yet-to-experience-a-revival\/"},"modified":"2025-09-19T09:02:54","modified_gmt":"2025-09-19T09:02:54","slug":"new-zealand-timber-industry-has-yet-to-experience-a-revival","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/new-zealand-timber-industry-has-yet-to-experience-a-revival\/","title":{"rendered":"New Zealand timber industry has yet to experience a revival"},"content":{"rendered":"

The state of NZ\u2019s domestic timber market is widely unchanged. Structural markets continue to feel the pinch of low housing consents<\/span> (which aren\u2019t improving); there\u2019s a slight oversupply of pruned logs in the North Island; sales of posts and poles are yet to show and spring lift; and reduced pulp mill capacity is forcing more pulp logs onto export markets.<\/p>\n

Everyone is hoping for more cuts to interest rates to help spark more life into the economy and housing market, but any changes will likely be slow to materialise.<\/p>\n

China has come out of its seasonal lull with some relative optimism as daily log usage rates from ports lifted to around 60,00065,000 m3 per day this month.<\/p>\n

No one\u2019s expecting a significant change in in-market log values going forward given this will likely be balanced out by an increase in supply, especially as New Zealand moves towards summer. Not to mention the Chinese property development sector remains knocked to the ground, with another round of negative construction and house price data published this month.<\/p>\n

Although not a massive market, NZ has found a sustainable spot in the Indian log market with a few vessels per month, taking the peak out of volumes into the otherwise soft Chinese market. Sales into India, by and large, have returned better money, though the difference isn\u2019t massive. Wharf Gate log prices edged back a few more dollars this month, but steady in-market pricing plus a mild decline in shipping rates both have traders optimistic that we may see some more money available through October and potentially November too.<\/p>\n

The third quarterly carbon auction at the start of the month didn\u2019t register a single bid, which was widely expected given the secondary market has traded under the reserve threshold for much of the year. The secondary market has mainly stabilised around $62\/NZU in the weeks since.<\/p>","protected":false},"excerpt":{"rendered":"

The state of NZ\u2019s domestic timber market is widely unchanged. Structural markets continue to feel the pinch of low housing consents (which aren\u2019t improving); there\u2019s a slight oversupply of pruned logs in the North Island; sales of posts and poles … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":96079,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nNew Zealand timber industry has yet to experience a revival - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/new-zealand-timber-industry-has-yet-to-experience-a-revival\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Zealand timber industry has yet to experience a revival - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The state of NZ\u2019s domestic timber market is widely unchanged. 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