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October 1, 2020

New Zealand sawmillers and log exporters optimistic as demand in China is strong

New Zealand sawmillers and log exporters optimistic as demand in China is strong

Domestic demand for logs and sawn timber in New Zealand remains strong with many mills operating extra shifts to increase supply. NZ's sawmillers in general are quite optimistic.

CFR sale prices for logs in New Zealand’s main log export destination China increased an average of 8 USD per JASm3 over the last month.

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