{"id":78424,"date":"2019-11-07T04:25:28","date_gmt":"2019-11-07T04:25:28","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/new-zealands-export-prices-logs-pick-demand-china-rises\/"},"modified":"2025-09-18T17:18:36","modified_gmt":"2025-09-18T17:18:36","slug":"new-zealands-export-prices-logs-pick-demand-china-rises","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/new-zealands-export-prices-logs-pick-demand-china-rises\/","title":{"rendered":"New Zealand\u2019s export prices for logs pick up as demand in China rises"},"content":{"rendered":"
\n

At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average of 8 NZD per JASm3<\/sup>. From the nadir that was July AWG prices, the average AWG prices have now increased by approximately 20 NZD per JASm3<\/sup>. Log stocks are relatively low in China and AWG prices are expected to continue their steady increase until the end of the year, due to increased CFR log prices in China.<\/strong><\/em><\/span><\/p>\n

Prices for logs sold domestically have moved in opposing directions as some regional markets differ in response times to the export log price drop then recovery. The NZ sawn timber market is stable but unspectacular. Demand has increased in China for sawn timber, but prices have been slower to recover.<\/p>\n

Due to the increase in the AWG prices the PF Olsen Log Price Index for October increased $3 to $119. The index is currently $9 below the two-year average, $8 below the three-year average, and $1 lower than the five-year average.<\/p>\n

Domestic Log Market<\/strong><\/p>\n

Log Supply and Pricing<\/em><\/p>\n

Prices for structural NZ logs have decreased in Northland and Southland while holding flat to increasing in the central North Island. There is still a shortage of quality pruned logs in some regions.<\/p>\n

Sawn timber markets<\/em><\/p>\n

The NZ sawn timber market is very flat with demand below expectation. Sawmill owners wait to see if there will be a lift in consumption come summer.<\/p>\n

While consumption is increasing in the China market the prices are not and New Zealand mills only sell their arising products into this market.<\/p>\n

In its annual National Construction Pipeline Report the Ministry of Business Innovation and Employment forecast construction in New Zealand to keep growing and peak at $43 billion in 2021. This is sooner than forecast a year ago and includes about $26b of residential building, $9b of non-residential construction and about $8b of infrastructure work at the peak.<\/p>\n

The 2019 report shows\u00a0an\u00a0earlier and higher peak than was forecast in the\u00a02018\u00a0report which said total construction was\u00a0expected to grow steadily to a forecast high of $41.4b in 2023.\u00a0\u00a0 The Canterbury region is one area though where building activity is on a decline, with total construction reducing 9 per cent to $6.6b in 2018 and would continue to reduce over the next six years.<\/p>\n

While this forecast bodes well for the forest industry this peak is unlikely to be achieved without a significant increase in labour. The building industry training organisation\u00a0BCITO\u00a0estimates that 80,000 workers are needed in the construction sector over the next five years and half of those need to be trade-qualified.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average of 8 NZD per JASm3. From the nadir that was July AWG prices, the average AWG prices have now increased … 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":[3254,3284,3382,3286],"class_list":["post-78424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-logs","tag-new-zealand","tag-prices"],"acf":[],"yoast_head":"\nNew Zealand\u2019s export prices for logs pick up as demand in China rises - 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-export-prices-logs-pick-demand-china-rises\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Zealand\u2019s export prices for logs pick up as demand in China rises - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average of 8 NZD per JASm3. 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