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).
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.
Between June 2015 and June 2017 MGP10 prices trended down in real terms in the middle of the most recent and prolonged construction boom. This trend apparently bucked conventional wisdom that prices increase in times of high demand. Three trends in the market were apparent which may explain this unusual event. They are: The increase […]