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March 30, 2021
New Zealand log export prices to China are still increasing
The CFR prices for New Zealand pine logs in China has increased approximately 5 USD over the last month and is still increasing. The price for A grade logs is now around 158 USD per JASm3 and log exporters will continue to ask for increased pricing to compensate for increased shipping costs. Steady increases in log prices this year have been achievable to date as wholesales are still making a margin. Softwood log inventory has climbed to 4.6m m3 as volume continued to arrive while China restarted after the Chinese New ...
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