New Zealand log prices in China have improved after slumping earlier in the year, restoring a little confidence to the sector. "A" grade logs last traded at US$112 per JAS metre after last month hitting a low of US$105/metre. Logs landed on Chinese wharves this time last year were trading at US$140/metre, continuing what had been a five-year-long run of strong prices. "Prices have improved a little in the China market," ANZ Bank rural economist Susan Kilsby told the Herald. "Some ...
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