China: Imbalance between strong demand, poor supply favors New Zealand log exporters

China: Imbalance between strong demand, poor supply favors New Zealand log exporters
While most industry insiders were expecting flat or slightly export prices for May, New Zealand log export prices rose at around $10/JAS above April levels. This raises the price of NZ A grade logs to $160’s/JAS which is the highest since the extremely short price spike of ’93.    The reason is not just low shipping costs or foreign exchange rates, it’s purely a supply and demand imbalance situation caused by strong demand in China and poor supply from other regions.    New Zealand log exporters had a record supply ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
Checkout Options
Yearly subscription - 290€/12 months
password strength indicator
Additional Info




We Accept PayPal
Billing Address

Keywords