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January 24, 2018
New Zealand log prices set new record on booming Chinese demand
Export log prices in New Zealand reached new record in January 2018, boosted by continued strong demand from China, a weaker currency and historically low shipping rates. As reported by WoodWeek, the price for A-Grade export logs reached $129 a tonne, up from $128 a tonne last month, and $127 a tonne the month earlier, marking the highest level since 2008. AgriHQ began collecting the data in 2008, according to the agricultural market specialist's monthly survey of exporters, forest owners and saw millers. All of the ...
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