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June 21, 2018

Climbing prices for New Zealand radiata pine logs in May

Climbing prices for New Zealand radiata pine logs in May
Radiata pine log export prices from New Zealand have been rising significantly in May 2018. China has been importing radiata pine logs from New Zealand for over US$150 per cbm C&F, while the prices for Japan are also on the rise.    Present prices for China are US$151-152, about US$4 higher than last month. Log arrivals in China for March and April marked record-high levels with steady shipments. Port log inventories maintain at about five million m3. New Zealand log suppliers had held the export prices stable for some time ...

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