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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Statistics / Wood Products / Australia and Pacific Region / China / Global
November 30, 2021

New Zealand log export prices dropped considerably in November

New Zealand log export prices dropped considerably in November
In November, New Zealand prices for exported logs to China dropped on average $18 per m3 in the higher quality grades and $23 per m3 in the lower quality grades.     This was a combination of reduced CFR log prices in China and the NZD strengthening against the USD.    The PF Olsen Log Price Index dropped $9 in November to $110. The index is currently $12 below the two-year average, $13 below the three year-average and $15 below the five-year average.    Although the China log market ...

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