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Static wood chip prices in Australia

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Domino effect expected from static woodchip price

Posted Fri Mar 27, 2009 3:00pm AEDT; Updated Fri Mar 27, 2009 3:18pm AEDT

The industry has described the price as disappointing. (ABC News: David Hudspeth)

A timber industry analyst says the entire sector will be affected by Gunns' stagnant woodchip price.

The Tasmanian timber company has informed the Australian Stock Exchange it has been unable to negotiate an increase in its woodchip price with Japanese buyers this year.

 

 

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