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Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Australia and Pacific Region / China / Global
March 15, 2019

New Zealand’s export prices for logs negatively impacted by higher ocean freight costs

New Zealand’s export prices for logs negatively impacted by higher ocean freight costs

At Wharf Gate (AWG) prices for logs delivered to ports around New Zealand decreased on average -NZ$5 per JASm3 in March from the highest February prices. This decrease in AWG prices is due to increased ocean freight costs for export log cargo.

Most CFR log prices in China were flat to a modest increase of +US$1 per JASm3. ‘A’ grade export now sells for up to US$143 per JASm3 in China and US$155 per JASm3 in India.

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