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N.Z. Forest expects rise

PA Auckland Brighter markets for nulp and paper are expected in the latter half of this year, says the marketing director of N.Z. F.orest Products, Ltd (Mr D. O. Walker).

World stocks are diminishing rapidly, particularly in Sweden, and N-Z.F.P. expects demand to remain strong and likely to equal supply in July, and this could move prices up in the last part of the . year, Mr Walker says.

“We (N.Z.F.P.) have held up fairly well through the recent difficult period, and we are selling our output. Contracts we have had to supply Australia, and the Philippines have held us in good stead.” Most of the volume of sales were of pulp, but sales of paper had the greatest value.

He regretted that Tasman Pulp and Paper Co., Ltd, was having production problems. In the past N.Z.F.P.. and Tasman had been able to help each other to gain overseas sales.

N.Z.F.P. might be able to cope with some extra demand, brought about by the Tasman stoppage, providing it was not excessive, says Mr Walker.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19780508.2.134

Bibliographic details

Press, 8 May 1978, Page 18

Word Count
177

N.Z. Forest expects rise Press, 8 May 1978, Page 18

N.Z. Forest expects rise Press, 8 May 1978, Page 18