Annual Report 2024

16 INTEGRATED ANNUAL REPORT 2024 Sales, Purchases, Logistics and Transportation The performance metrics of NCT are both comprehensive and revealing. Sales figures shown in the graph below reflect a substantial dominance of NCT Chip Mills. Special (Non-pulpwood) Markets, on the other hand, show high demand, primarily driven by peeler market dynamics, fuelled by supply challenges. However, the species specificity of Peelers presents a limitation, impacting Midland’s members disproportionately. Moreover, a shift in member mindset towards reducing pulp loads from plantations has been noted, with credit issues hindering supply to major treating plants. Pine sales have undergone a significant decline by almost 50% due to reduced availability, compounded by challenges faced by sawmills in sales and pricing. The Richards Bay fire has led to a rise in special markets’ sales in the northern region, facilitated by diversified market options offered through NCT Tree Farming. Additionally, sales have seen a slight increase due to pricing dynamics and increased timber felling in specific regions. Conversely, load-shedding has severely impacted sales into our market in Piet Retief, with hopes pinned on an increase in sales in the upcoming financial year. Overall, purchases tonnage has witnessed a marginal decline compared to the previous year. Timber Supplied

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