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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
May 28, 2020

Prices of exported New Zealand logs rise sharply as Chinese inventories running low

Prices of exported New Zealand logs rise sharply as Chinese inventories running low
Exports of logs from New Zealand were worth just $96 million in April 2020, down $211 million from $307 million in April 2019.     The quantity of logs exported fell 69%, the biggest-ever monthly percentage fall, the price has risen to $170 a cubic meter this month after falling to $137 in July 2019.    “Log harvesting was a non-essential service under alert level 4 and didn’t restart until alert level 3 at the end of April, so it is understandable that log exports have dropped sharply,”  international statistics manager Darren ...

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