{"id":77695,"date":"2019-06-27T13:26:03","date_gmt":"2019-06-27T13:26:03","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/export-prices-for-new-zealands-logs-start-to-fall\/"},"modified":"2025-09-19T08:51:04","modified_gmt":"2025-09-19T08:51:04","slug":"export-prices-for-new-zealands-logs-start-to-fall","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/export-prices-for-new-zealands-logs-start-to-fall\/","title":{"rendered":"Export prices for New Zealand’s logs start to fall"},"content":{"rendered":"
\n

Prices for New Zealand domestic log sales in June are mostly unchanged from May as we move to the end of Quarter\u00a02. Most mills anticipate some relief in log prices in Quarter 3 due to the lower export log prices, especially to China.<\/strong><\/em><\/p>\n

Most NZ mills will start to get more discerning over the quality of log they receive as the economic returns between the sawn timber grades is widening. The larger pruned and structural grades are selling well but marketing the rest of the log is a struggle.<\/p>\n

The domestic market for sawn timber has remained stable with settled weather through May. The start of the winter season will see demand drop in some sectors. We are seeing more finger joint, mouldings and other remanufactured products being imported from China and this will place pressure on supply.<\/p>\n

The CFR sale prices for New Zealand logs in China has dropped -US$4 to -US$6 over the last month, with A grade logs now selling at around US$130\u00a0per JASm3<\/sup>.<\/p>\n

The weakening of the NZD against the USD through May somewhat buffered the drop for the June At Wharf Gate (AWG) prices offered to log suppliers at NZ ports. The average drop in AWG prices was -US$5-6\u00a0per JASm3<\/sup>. The Chinese Yuan (CNY) has recently stabilised against the USD providing some relief to the Chinese log buyers. The NZD however has recently strengthened against the USD, and if this continues will have an adverse effect on July AWG prices.<\/p>\n

The markets for sawn timber produced by New Zealand mills has not changed from last month. The large Clear1 grade boards are selling well in Europe and parts of the US, but there is too much volume of the smaller Clear2 grade and knotty grades in Asia. Volume is still moving but at much lower prices.<\/p>\n

The domestic market for sawn timber remains very stable.<\/p>\n

Due to the drop in the AWG log prices the PF Olsen Log Price Index for June decreased -$2 to $128. The index is currently $1 below the two-year average, $2 above the three-year average, and $10 higher than the five-year average.<\/p>\n<\/div>\n

<\/h2>","protected":false},"excerpt":{"rendered":"

Prices for New Zealand domestic log sales in June are mostly unchanged from May as we move to the end of Quarter\u00a02. 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