NZIF - Log market update in Wellington

Wednesday 24 Feb 2021

 
Log Export Market Update from Chris Rayes, Marketing Director, AVA Timber - Wednesday 24 February 2021, CBRE, Level 12 Harbour Tower (Old ASB Tower), 2 Hunter Street, Wellington 5.15-7.30pm

2020 was an interesting year for log exports with the industry shut down for a month in the Covid lockdown. 2021 has started with firm log markets in China so what is driving falling inventories and strong demand in China, and will this continue for 2021?

What is likely to develop in Korea and India? What are the impacts on these two markets of the China / Australia trade war?

What is going on in the freight markets. Have the changes in fuel regulations had any serious effect on freight rates. Why are rates increasing so rapidly now?

Chris Rayes, Marketing Director for AVA Timber Ltd, ( a Joint Venture between Hancock and Rayonier Matariki Forests) has once again kindly agreed to present his views on the log export markets of China, Korea and India, and to take us through current and future developments. He has also agreed to take us through the rationale, structure and function of the newly formed AVA Timber, Australasia’s largest log exporter.

The lifts close off at 5.30 so try to get there on time. We will have a notice in the lobby with a mobile number to ring for latecomers up to 5.45pm. Please RSVP to Peter Hill at pjint@outlook.com.



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