June is historically the poorest performing month in the New Zealand export log market and this June is no exception, with A grade generally in the mid $90’s/m3 across most NZ exporters. There’s nothing new in this level at the bottom of the price cycle, but this year the difference is the increase in costs due to fuel. If you deduct the increase in logging, cartage and roading costs over the past 12 months from the current export prices, you’re looking at a further reduction in return of ...
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