Forestry development in East Africa
The recently published World Bank African Pulse report (October 2019) indicated that average economic growth in Sub-Saharan Africa is expected to rise modestly from 2.5 percent in 2018 to 3.2 percent by 2021.
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Growing Interest In Engineered Wood Product Manufacturing in Africa
By 2050, Africa will be one of the largest markets in the world with a population exceeding China’s. The development of a continental free trade area is well underway. Africa’s population will include a significant middle class with an increasing appetite for consumerism. These developments create opportunity for forest and wood product investment and development. Tanzania is one country with potential and Margules Groome is excited to participate in the development of opportunities in Africa.
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Timberland Market Update December 2019
The Timberland Market Update covers key economic developments globally that may impact forest and wood product markets and investment and includes regional reviews for Asia-Pacific, Europe, South America and Africa
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New Zealand Emission Trading Scheme Updates and Changes
In July 2019 the Ministry of Primary Industries (MPI) announced the third in a series of proposed changes to the Climate Change Response Act 2012, which affect the function of the Emissions Trading Scheme (ETS). This announcement follows further updates in December 2018, and March 2019, based upon the feedback from consultations the Ministry of Primary Industries and the Ministry for the Environment ran throughout 2018.
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Australian Softwood Residual Log Price Index, June 2019
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 […]