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Top 5: Market Points from IndustryEdge

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, advisory and consulting services. Find out more at www.industryedge.com.au

  1. -3.9% – number of loans to owner-occupiers fell sharply in September, compared to the prior month, feeding into expectations of declining house prices
  2. 184,560 m3 – Victoria’s softwood log exports in September 2018 were almost exactly the same as the prior month. Exports for the year-ended September totalled 2.234 million m3
  3. 1.5% – Australia’s official cash rate remained at its lowest-ever level for a record 25th consecutive month, with expectations the next upwards move may still be more than a year away
  4. 16,264 m3 – exports of sawnwood in September 2018, dominated by sawn softwood exports, which accounted for 83% of the total or 13,537 m3
  5. 555,081 bdmt – Australia’s hardwood chip exports in September were on trend and averaged AUDFob207.70/bdmt, equivalent to USDFob150.00/bdmt