University of Canterbury researchers have made a breakthrough in treating export logs by heating them using high voltage electricity. Export logs are usually fumigated to rid the timber of pests, such as insects and fungi which could pose a biosecurity threat.
In-market log prices are reduced slightly this month. However demand is still strong as shipping prices have lowered. The in-market log price has lowered 1-2% for the products Agrifax monitors, however the cost of shipping in $/JASm³ has lowered 5-6%. Inventories
Indian coffee company will not set up main processing plant here
The Indian coffee company which was given a forestry concession to mainly carry out value added activities has said that its main plant will in fact be in India and not Guyana. This raises concerns that the company will continue to export logs out of Guyana.
Log supply from Australia’s timber plantations is set to increase substantially according to a new report, released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).