Japan has long been recognised as a global leader in industrial efficiency and competitiveness, with examples extending to electronics, automation and car manufacturing. By contrast, Japan’s pulp and paper industry is seemingly uncompetitive and outdated. It has been built on familiar principles applied in many of Japan’s primary industries, which only focuses on maximising local […]
Margules Groome’s Australian Softwood Residual Log Price Index measures domestic softwood plantation residual log prices (excluding exports). 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. It is a measure of the forest owners log margins, or the […]
Margules Groome’s quarterly harvest and haulage cost index for Australian plantation operations is based on actual price indexation mechanisms used by industry weighted by volume harvested. The previous index published in December 2019 showed a steady increase through 2020 following a fall in the first quarter of 2019 due to a fall in fuel prices. […]
Forest estate owners or managers often separately engage the services of land and forest valuers to assist in the provision of an independent fair value opinion of their plantation estate (land plus trees). Inconveniently, land and tree crop values are not simply additive.
Have you ever wondered at the relationship between strong economic downturns (even recessions) and investors perception of market risk? Economic downturns are a fact of life occurring periodically, often at the most inopportune times. We are now in a sharp economic downturn which is becoming a recession due to the impact of the COVID-19 pandemic. […]