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 June 2020 showed a massive fall in fuel prices, some 29%, due to the impact of the COVID-19 pandemic control measures on fuel demand.
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 spread between log prices and logistics (delivery) costs.
Margules Groome is pleased to announce that, on behalf of the New Zealand Ministry of Primary Industries (MPI), we are currently undertaking the 2020 update to the New Zealand wood availability forecasts (WAF).
Since 2019 we have seen a dramatic rise in the price of NZUs in response to various government policies and regulations. Along with the Billion trees incentives, this have driven an expansion in the New Zealand forest estate not seen since the early 1990s.
Margules Groome’s Australian Softwood Residual Log Price Index measures domestic softwood plantation residual log prices (excluding exports).