Scott Downs

Articles by Scott Downs

13 Jun 18, 10:05am
Strong demand from the US and EU for clear lumber produced by New Zealand mills with prices rising to record highs. China demand high but softening as prices rise. Domestic demand steady
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15 May 18, 9:19am
Export markets for unpruned sawn timber consume everything NZ mills can supply. Strong and growing demand from the USA and European markets for clear lumber. Local markets accept price increases
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12 Apr 18, 10:56am
Some local mills turning away orders due to lack of capacity. Stable China sales undermined by high stocks. India sales struggle with liquidity. Rising ocean freight costs biting into returns
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17 Mar 18, 10:20am
Export markets face growing competition while domestic markets are steady although supply is very tight in some regions. However there are uncertain outlooks in both markets
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14 Feb 18, 2:27pm
Average log prices remain well above 3yr average with firm demand from China and is likely to improve, variable demand from India where improvement will come later in 2018
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10 Jan 18, 10:00am
High China log demand and rising export prices are putting the squeeze on supply for domestic use. Log price index reaches a new all-time high
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23 Nov 17, 5:15pm
Price volatility in log market now a distant memory. Domestic demand stable. Key export markets still in basic health. Index price equals record high
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19 Oct 17, 11:42am
Despite little change in prices, Indian demand is rising again, China demand stays high, and freight rates are up. The lower NZD has improved returns especially from Australia
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20 Sep 17, 11:27am
Domestic lumber demand is tailing off just as export log demand is picking up, putting upward pressure on local log prices. Demand from India growing faster than expected
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23 Aug 17, 4:51pm
Domestic demand is flat and supply is ample. Export prices are flat, but China log demand strong across all grade. India demand up and strong. But rising NZD impacting prices
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19 Jul 17, 2:19pm
Both domestic and export markets remain strong. NZ exports to China grow +12% but prices seem toppy. India market has low stocks. Domestic market shows no slowdown
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19 Jun 17, 5:06pm
Both domestic and export markets report steady to strong demand. Prices just shy of all-time record. China shows stability and balance, and India recovering as predicted
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23 Mar 17, 11:46am
Although demand remains strong for NZ logs and prices are getting a boost from a lower currency, rising freight rates may have an outsized impact in coming months
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