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Top 5: Market Points from IndustryEdge

  1. 9.4% – woodchip exports for the year-ended February 2018, were up 9.4% on the prior year, totalling 6.768 million bone dry metric tonnes
  2. 1,951 m3 – Australia’s exports of roughsawn hardwood products in February were valued at AUD2.717 million. Exports from Queensland continue to dominate
  3. $686,700 – the average price of Australian residential dwellings (all types, not just houses)
  4. 2.1% – Australia’s wages growth improved to 2.1% per annum, according to the RBA, marginally ahead of 1.9% inflation growth. Real wage increases support growth in household spending
  5. USDCif174.5151/bdmt – the average price of hardwood chips delivered to China from all countries in February 2018 was 7.7% higher than in January, as global wood fibre prices continue to rise

Every month, IndustryEdge publishes Wood Market Edge, Australia’s only forestry and wood products market and trade analysis, and supplies its customers with hundreds of unique data products and services. Find out more at www.industryedge.com.au