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March 2, 2017

Roundwood prices in New Zealand hit new record in February

The export prices for New Zealand logs increased for every grade. The average wharf gate price for unpruned A-grade logs advanced to $128 a tonne in February 2017.  This is the highest level since AgriHQ records began in late 2008, while prices for various K-grades haven't been this high since the early- mid 1990s. The $166 a tonne recorded for export pruned logs was firmer than any of the previous six months, although lower than the first half of 2016  Moreover, the shipping rates to the country's main export destinations decreased. The ...

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