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April 20, 2021

New Zealand forestry export prices reach three year highs

2021 has certainly started on a positive note for the NZ forestry industry with prices firming in the export sector, in fact close to the highest in the last 3 years. Prices have been on a strong run since November due to Chinese demand and a gap in supply.  New Zealand domestic demand and prices are also remaining strong. There are some signals from the North Island and Northern South Island, 2nd quarter negotiations are pressing for log price increases in Q2.  At the moment, we are seeing some significant sustained lift in international lumber prices ...

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