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December 9, 2019

Export prices for New Zealand logs on the rise in November

  At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in November increased by an average of NZ$5 per JASm3. Since July the average AWG prices have now increased by approximately NZ$25 per JASm3.  Due to the increase in the AWG prices the PF Olsen Log Price Index for November increased $2 to $121. The index is currently $6 below the two-year average, $5 below the three-year average, and $1 higher than the five-year average.  Domestic demand for logs remains stable with supply and demand ...

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