New Zealand log export prices fall considerably in November

New Zealand log export prices fall considerably in November
    In November, New Zealand prices for exported logs to China dropped on average $18 per m3 in the higher quality grades and $23 per m3 in the lower quality grades.    This was a combination of reduced CFR log prices in China and the NZD strengthening against the USD.    The PF Olsen Log Price Index dropped $9 in November to $110. The index is currently $12 below the two-year average, $13 below the three year-average and $15 below the five-year average.    Although ...

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