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Scott Downs

About

Member for

6 years

Latest articles

Log demand is broadly stable in January with local demand holding, demand from China uncertain but certainly not falling, and demand from India showing some upside
31st Jan 24, 11:08am
Log demand is broadly stable in January with local demand holding, demand from China uncertain but certainly not falling, and demand from India showing some upside
Extreme cold in China has slowed construction and log offtake. Extreme wet in India has slowed their demand too. Local demand in holiday mode. But despite all that, log prices rose in December
22nd Dec 23, 9:06am
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Extreme cold in China has slowed construction and log offtake. Extreme wet in India has slowed their demand too. Local demand in holiday mode. But despite all that, log prices rose in December
Steady log demand in China where stocks are very low has boosted export log prices. There has also been a post-election boost in domestic demand for sawn timber
1st Dec 23, 2:17pm
Steady log demand in China where stocks are very low has boosted export log prices. There has also been a post-election boost in domestic demand for sawn timber
China log inventories low but demand not rising. Local log supply tight as some forest owners stop harvesting. Local demand rises post-election. Europe demand for sawn timber stalls
2nd Nov 23, 11:40am
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China log inventories low but demand not rising. Local log supply tight as some forest owners stop harvesting. Local demand rises post-election. Europe demand for sawn timber stalls
Local demand for logs holding but supply tightening. Despite that prices are softer. China demand for logs almost at normal level but confidence in residential construction not high. Overall log prices stable but with softer expectations
28th Sep 23, 10:24am
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Local demand for logs holding but supply tightening. Despite that prices are softer. China demand for logs almost at normal level but confidence in residential construction not high. Overall log prices stable but with softer expectations
Higher prices from China have improved log returns although shipping costs absorbed some of this. India demand weak. Global pulp inventory levels are at record highs with very low demand
1st Sep 23, 10:39am
Higher prices from China have improved log returns although shipping costs absorbed some of this. India demand weak. Global pulp inventory levels are at record highs with very low demand
With a declining local market, and uncertainties in both China and India, the log market is struggling to get out of its recent price retreat. Lower harvest volumes during winter are helping avoid oversupply
1st Aug 23, 10:24am
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With a declining local market, and uncertainties in both China and India, the log market is struggling to get out of its recent price retreat. Lower harvest volumes during winter are helping avoid oversupply
Log harvest volumes are being cut back sharply as both export and domestic demand soften. Prices are falling. Even with cyclone-related closure of some local mills, sawn timber inventories are rising and more cutbacks are coming
1st Jul 23, 10:12am
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Log harvest volumes are being cut back sharply as both export and domestic demand soften. Prices are falling. Even with cyclone-related closure of some local mills, sawn timber inventories are rising and more cutbacks are coming
Export log prices fall as demand in China is not rising as originally expected. Demand in India is uncertain. Domestic demand remains weak as well
26th May 23, 2:45pm
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Export log prices fall as demand in China is not rising as originally expected. Demand in India is uncertain. Domestic demand remains weak as well
Export log prices fall after expected China construction demand didn't rise as anticipated. Indian demand low. Local markets operating well below capacity
1st May 23, 10:06am
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Export log prices fall after expected China construction demand didn't rise as anticipated. Indian demand low. Local markets operating well below capacity
Although there has been a spike in at-wharf prices due to log shortages to fill ordered vessels, demand in both China and India is weak, and domestic demand is weakening fast
28th Mar 23, 9:27am
2
Although there has been a spike in at-wharf prices due to log shortages to fill ordered vessels, demand in both China and India is weak, and domestic demand is weakening fast
Export log prices rise as international markets react to 'significantly reduced log supply from New Zealand.' Local demand down sharply as poor weather brings worst decking season
1st Mar 23, 1:33pm
Export log prices rise as international markets react to 'significantly reduced log supply from New Zealand.' Local demand down sharply as poor weather brings worst decking season
Export log prices dropped marginally in December as the NZD rose. Demand from China is still expected to lift in 2023 while prices are stable. India remains very uncertain. Local mills are taking longer year-end breaks
24th Dec 22, 10:13am
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Export log prices dropped marginally in December as the NZD rose. Demand from China is still expected to lift in 2023 while prices are stable. India remains very uncertain. Local mills are taking longer year-end breaks
An easing back in high domestic demand, and weakening Chinese markets for logs and sawn timber is bringing slightly lower export returns. Indian demand remains lower too
25th Nov 22, 11:52am
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An easing back in high domestic demand, and weakening Chinese markets for logs and sawn timber is bringing slightly lower export returns. Indian demand remains lower too
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