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Top 5 Data Points for February

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  1. Woodchip Exports Soft in February ~ 531,115 bdmt – Australia’s woodchip exports were below trend for the second successive month in February, according to our latest analysis of shipping movements
  2. Softwood Log Exports 6.4% Lower in 2018 ~ 4.160 million m3 – Softwood log export volumes are gradually declining
  3. Particleboard imports up 15.2% ~ 128,830 m3 in 2018 – Imports of particleboard lifted in 2018, even as the average price rose 16.0% for the year to AUDFob514.11/m3
  4. Hardwood Log Exports Rose 34.6% in 2018 ~ 793,130 m3 – Hardwood log exports hit record levels in 2018, up 34.6% on 2017
  5. Housing approvals down 5.5% ~ 210,772 separate approvals in 2018 – Clear signs of a cooling housing approvals market mean demand for timber and wood products is beginning to reduce.