{"id":76302,"date":"2018-08-31T07:32:35","date_gmt":"2018-08-31T07:32:35","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/"},"modified":"2025-09-18T17:15:41","modified_gmt":"2025-09-18T17:15:41","slug":"new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/","title":{"rendered":"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes"},"content":{"rendered":"

The dramatic drop in August At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand is the main talking point in the current market.<\/em><\/p>\n

According to\u00a0interest.co.nz, the predominant reason for this drop in AWG prices has been the depreciation of the Chinese Yuan Renminbi (CNY) against the US Dollar (USD). In mid-April the Chinese log buyers required \u00a5940.75 CNY to buy a cubic metre of log at a sale price of 150 USD\/JASm3. In mid-July the buyers had to pay \u00a51,1003.61 CNY for the same volume at the same price. This severely reduced their buying power and sales prices dropped accordingly.<\/p>\n

The drop in CFR log sale prices in China has been ameliorated somewhat by the weakening NZD against the USD and an easing in freight rates by 1-2 USD\/JASm3.<\/p>\n

The final result is that AWG prices for un-pruned sawlogs have dropped an average of 12-13 NZD \/JASm3. Pruned logs have dropped on average 18 NZD \/JASm3 as the clearwood products manufactured from these logs have also been hit with trade tariffs imposed by the USA.<\/p>\n

The metrics still show the China log market to be buoyant. Total softwood log inventory has reduced to approximately 3.2 mln m3, and daily port off-take is still very healthy for this time of year at over 70,000m3\/day. Demand for logs in China should increase in September as the weather cools.<\/p>\n

The recent drop in log sale prices in China have predominantly been caused by the depreciation of the CNY against the USD as graphed below. While one of the two main log exporters is trying to hold CFR prices in the 136-138 USD range\/JASm3 for A grade, the other main exporter has already offered some early August shipments at 130 USD\/JASm3. This price of $130 USD\/JASm3 however is more a basket deal for buyers also buying vessels above market price, so it is hard to say this is the normal price. Most exporters think prices for A grade in the mid USD $130\u2019s would work for all parties. While it was clear the Chinese log buyers needed some relief from the weakening CNY, everybody now seeks stability in the market.<\/p>\n

Total softwood logs stocks in China have dropped to approximately 3.2 mln m3 and demand is still strong. Current daily port off-take is over 70,000m3 and demand is expected to increase as temperatures cool across China. We have also seen less softwood volume arriving from South America and the South East of the USA. There is talk of China imposing a 5-20% tariff on log imports from the US, and US log cargo already incurs costs due to time delays. Any log cargo from the US now even suspected of carrying pests is not allowed to pass through customs until samples have been inspected by laboratories. Previously, customs officers in China let shipments through while samples were being analysed. I am sure the samples are processed at \u2018Trump Speed\u2019.<\/p>\n

This reduction in supply will assist with keeping inventory down, which in turn will reduce the likelihood of the price drops continuing. Most exporters forecast a stabilising in sale prices.<\/p>\n

It is interesting to note the strengthening of the CNY against the USD over 2017, and in particular the second half of the year from the longer-term currency chart below. The recent depreciation of the CNY against the USD has negated these gains though.<\/p>","protected":false},"excerpt":{"rendered":"

The dramatic drop in August At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand is the main talking point in the current market. According to\u00a0interest.co.nz, the predominant reason for this drop in AWG prices has been the depreciation … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":57897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3254,3722,3382],"class_list":["post-76302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-log-prices","tag-new-zealand"],"acf":[],"yoast_head":"\nNew Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The dramatic drop in August At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand is the main talking point in the current market. According to\u00a0interest.co.nz, the predominant reason for this drop in AWG prices has been the depreciation … Continue reading →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-31T07:32:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-18T17:15:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"635\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes\",\"datePublished\":\"2018-08-31T07:32:35+00:00\",\"dateModified\":\"2025-09-18T17:15:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\"},\"wordCount\":573,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg\",\"keywords\":[\"China\",\"log prices\",\"New Zealand\"],\"articleSection\":[\"Latest Trends\",\"Market Analysis\",\"Wood Industry Prices\"],\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\",\"name\":\"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg\",\"datePublished\":\"2018-08-31T07:32:35+00:00\",\"dateModified\":\"2025-09-18T17:15:41+00:00\",\"inLanguage\":\"ro-RO\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg\",\"width\":635,\"height\":300},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#website\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"name\":\"Timber Industry News\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.timberindustrynews.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro-RO\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#organization\",\"name\":\"Timber Industry News\",\"url\":\"https:\/\/www.timberindustrynews.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"contentUrl\":\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg\",\"width\":150,\"height\":57,\"caption\":\"Timber Industry News\"},\"image\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\",\"name\":\"GWMI Admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ro-RO\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g\",\"caption\":\"GWMI Admin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/","og_locale":"ro_RO","og_type":"article","og_title":"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News","og_description":"The dramatic drop in August At-Wharf-Gate (AWG) prices for logs delivered to ports around New Zealand is the main talking point in the current market. According to\u00a0interest.co.nz, the predominant reason for this drop in AWG prices has been the depreciation … Continue reading →","og_url":"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/","og_site_name":"Timber Industry News","article_published_time":"2018-08-31T07:32:35+00:00","article_modified_time":"2025-09-18T17:15:41+00:00","og_image":[{"width":635,"height":300,"url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg","type":"image\/jpeg"}],"author":"GWMI Admin","twitter_card":"summary_large_image","twitter_misc":{"Scris de":"GWMI Admin","Timp estimat pentru citire":"3 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#article","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/"},"author":{"name":"GWMI Admin","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff"},"headline":"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes","datePublished":"2018-08-31T07:32:35+00:00","dateModified":"2025-09-18T17:15:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/"},"wordCount":573,"commentCount":0,"publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg","keywords":["China","log prices","New Zealand"],"articleSection":["Latest Trends","Market Analysis","Wood Industry Prices"],"inLanguage":"ro-RO","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/","url":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/","name":"New Zealand\u2019s log export prices fall sharply as Chinese demand crashes - Timber Industry News","isPartOf":{"@id":"https:\/\/www.timberindustrynews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage"},"thumbnailUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg","datePublished":"2018-08-31T07:32:35+00:00","dateModified":"2025-09-18T17:15:41+00:00","inLanguage":"ro-RO","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/"]}]},{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/new-zealands-log-export-prices-fall-sharply-chinese-demand-crashes\/#primaryimage","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/NewZealand.jpg","width":635,"height":300},{"@type":"WebSite","@id":"https:\/\/www.timberindustrynews.com\/#website","url":"https:\/\/www.timberindustrynews.com\/","name":"\u0218tiri din industria lemnului","description":"","publisher":{"@id":"https:\/\/www.timberindustrynews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.timberindustrynews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro-RO"},{"@type":"Organization","@id":"https:\/\/www.timberindustrynews.com\/#organization","name":"\u0218tiri din industria lemnului","url":"https:\/\/www.timberindustrynews.com\/","logo":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","contentUrl":"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2022\/06\/logo_color.svg","width":150,"height":57,"caption":"Timber Industry News"},"image":{"@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff","name":"GWMI Admin","image":{"@type":"ImageObject","inLanguage":"ro-RO","@id":"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e3f366983e368f37c12ad29c07423641931b311f2561bc3cb4b4eaf6f44c3cb?s=96&d=mm&r=g","caption":"GWMI Admin"}}]}},"_links":{"self":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/76302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/comments?post=76302"}],"version-history":[{"count":0,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/posts\/76302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media\/57897"}],"wp:attachment":[{"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/media?parent=76302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/categories?post=76302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timberindustrynews.com\/ro\/wp-json\/wp\/v2\/tags?post=76302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}