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January 10, 2020
New Zealand log export prices on the rise in December
The CFR sale price for A grade logs in China remained in the mid US$120s range per m3. At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in December increased by an average of 2-3 NZD per m3 from November pricing. Most exporters had predicted December pricing similar to November, however there was a reduction in shipping costs as overall demand for ocean freight remains low. Log stocks in China have risen to approximately 4.4M m3. Domestic demand for logs remains stable and relatively ...
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New Zealand: Export prices for logs rising due to higher prices in China and lower ocean freight costsDaily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Asia & Middle East / Australia and Pacific Region / China / Global