Sawlog prices have trended downward throughout the world over the past two years with the GSPI Index being 14.3% lower in the 3Q/16 than in the 3Q/14, according to the Wood Resource Quarterly. Source: Forestry Industry The GSPI sawlog price index fell again in the 3Q/16 and was 21% be
Hong Kong’s securities regulator has filed a suit against Standard Chartered Plc UBS Group AG and four other parties over the 2009 Initial Public Offering (IPO) of timber company China Forestry Holdings Co Ltd according to court documents. Source: Reuters The Securities and Futu
Trees don’t watch the stock market. Forests keep growing — and potentially increasing their value — even when inflation surges or the market swoons. Source: The New York Times Big investors, like university endowments and insurance companies, have long allocated money to timberland in
The construction of Otago Polytechnic’s new 20 million-dollar student accommodation village is running on time, and will soon take form. Sources: Timberbiz, Scoop NZ The village already has a solid foundation, with 700 stone columns of stone chipping drilled into the soil. Naylor Love
Two men and a woman known as the ‘Tarkeeth Three’ have been found guilty of protest action after they attempted to block Forestry Corporation NSW’s logging operation at Tarkeeth State Forest. Source: The Coffs Coast Advocate Protesters rallied outside the Coffs Harbo
Some of Australia’s leading woodchoppers are making the trip to East Gippsland to be part of the Marlo Woodchop this weekend. Source: Timberbiz It will be game on for world champion woodchopper Glen Gillam this Saturday with rising stars Andrew Kelly and Vinny Williams taking him on f
NZ Wood has announced Stage One Finalists for the Resene Timber Design Awards 2017. Source: Timberbiz “We’re delighted to have had strong support again this year,” said Debbie Fergie, NZ Wood’s Promotion Manager. “Our stand out this year has been multiple entries by architects and des
Two months after the tragic deaths of Daylesford Timber Benders owners Don O’Connor and Sue Ewart O’Connor, their son Tim is fighting to keep the business alive. Sources: The Courier, The Border Mail The couple were killed on November 9 in a car accident after trying to av
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