New Zealand: Log export prices to China at record levels

New Zealand: Log export prices to China at record levels
The At Wharf Gate (AWG) prices for export logs in June increased an average of $5 per JASm3 from May prices. The sale prices for New Zealand logs in China are now at record levels. The global shortage of logs and sawn timber is becoming more evident by the day.     The PF Olsen Log Price Index increased $6 to a record $138 in June. The index is currently $18 above the two-year average, and $14 above the three and five-year averages.    Early indications from Quarter3 price negotiations are increases in ...

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