Wood Resources International - Higher copse cavity consign prices in Australia in 2008 as copse accumulation tightens about the Pacific Rim

Seattle (USA) July 12, 2008. Export prices for both ache and Eucalyptus copse chips accept gone up essentially in 2008 in Australia as a aftereffect of added appeal in Japan and a tighter accumulation of copse chips throughout the Pacific Rim region, according to the Wood Resource Quarterly.

Australia has become the world’s better exporter of copse chips, shipment a almanac of over 6 actor oven-dry metric bags (odmt) in 2007, with 2008 able to be addition able year. Eucalyptus chip, a lot of of which is still from built-in forests, is by far the a lot of accepted breed exported, accounting for about 70% of the absolute exports in 2007. The actual 30% is predominantly balance chips from sawmills application plantation-based radiata pine.

Japan has been the above destination for Australian chips, with casual argosy traveling to South Korea, Taiwan, Indonesia and China. The country has been the top supplier of both softwood and balk chips to the Japanese lurid industry back the 1990’s and will a lot of acceptable abide to be so for abounding years to come. The approaching bazaar allotment will depend to a ample admeasurement on the calm appeal for copse cilia in Australia, as the lurid area is planning to expand.

Australian Eucalyptus cavity consign prices accept added than angled the accomplished six years and are currently US$167/odmt FOB barge in Tasmania for built-in breed and about US$187/odmt for acreage copse chips. Australia, which is the above supplier of balk chips to Japan, currently food 34% of the Japanese absolute acceptation volume. The two added ample Eucalyptus cavity suppliers, Chile and South Africa, accept aswell essentially added their prices back aboriginal 2000. Just back endure year, prices accept added 19% in Chile and 14% in South Africa.

For the aboriginal bisected of 2008, Australian consign prices for softwood chips to Japan ranged amid US$147-151/odmt. These prices are 45% college than in backward 2006, and about a acceleration back 2003. This advancement amount trend has been slower than in the US, which is the additional better cavity supplier to Japan. Since Japanese lurid companies accept a bound amount of suppliers to accept from, it is acceptable that they will accept to get acclimated to top copse cilia costs in 2008 and 2009.

The accretion costs for Australian copse chips, which are perceived to be of lower above than North American breed by some lurid companies in Japan, accept resulted in a abridgement of bazaar allotment for Australian suppliers from 46% to 41% amid 4Q/06 and 4Q/07. US suppliers, on the added hand, added their bazaar attendance from 25% to 32% of the absolute imports during the aforementioned time period. Despite the alternative for Douglas-fir chips from the US, Japanese lurid manufacturers may be affected to use added chips from Australia, New Zealand and Canada as availability is bound in the US.

Global pulpwood and sawlog bazaar updates are included in the 50-page advertisement Wood Resource Quarterly. The report, accustomed in 1988 and with readers in over 20 countries, advance copse prices in a lot of regions about the apple and aswell includes approved updates of all-embracing pulp, barge and biomass markets.

Contact information
Wood Resources International
Hakan Ekstrom
Seattle, USA
info@wri-ltd.com
www.woodprices.com

Hakan Ekstrom
P.O. Box 1891
Bothell, WA 98041
USA

Wood Resources International LLC (WRI), an internationally accustomed backwoods industry consulting close accustomed in 1987, publishes two annual balk amount letters and accept readers in over 20 countries. The Wood Resource Quarterly, accustomed in 1988, is a 50-page bazaar address and includes delivered sawlog prices, pulpwood and copse cavity prices and bazaar advice from all above regions of the world, including Asia, North America, South America, Oceania and Europe