Daily News / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Statistics / Australia and Pacific Region / China
January 20, 2016
New Zealand: Export log prices still go up on higher Chinese demand
Log prices for export in New Zealand increased to a 9-month high from steady inventories and a stronger request from China. At the moment, China is New Zealand’s largest market. The A-grade logs jumped to $104 a tonne in December 2014 from $92 a tonne in November, the same year. According to AgriHQ's monthly survey of exporters, forest owners and sawmillers, this increase represented the topmost level since March 2014. As the request from China increased, New Zealand’s A-grade log prices began to rise, until a third straight month. The ...
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