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Top 5: Market Points from IndustryEdge

  1. Imports worth nearly $2 billion– the value of Australia’s imports of wood and wood products were valued at AUS1.981 billion for the year-ended March 2018
  2. 114,744m3 – imports of particleboard rose 21.1% over the year to the end of March – a new import record
  3. USD143.05/bdmt – the average price of Australia’s exports of hardwood chips in March 2018, up 3% on the prior month
  4. End of housing boom is not nigh – 225,393 dwelling approvals for the year-ended March were just 0.4% lower than a year earlier. The long-running housing boom continues
  5. 65.6% – Australia’s employment participation rate (the proportion of working age Australians in or actively seeking work) rose in April 2018, nearing historic highs.

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