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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 / Europe / Global
November 30, 2020

Solid Chinese demand for New Zealand logs; prices on the rise

Solid Chinese demand for New Zealand logs; prices on the rise

Domestic demand for New Zealand logs and sawn timber remains strong with domestic sales of sawn timber exceeding projections. 

The November AWG prices for export grade logs increased by 1-2 NZD per JASm3 from October prices. Market indicators for New Zealand logs in China are very good with solid demand, reducing inventory levels, and reduced supply from other countries. Log stocks will likely build in a quiet India with increased log supply.

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