At wharf gate (AWG) prices for logs delivered to ports around New Zealand increased on average 12-13 NZD per JASm3 over the last two months. This is due to a combination of increases in the CFR sale prices in China and a reduction in ocean freight costs. A grade logs from New Zealand now sell for up to 142 USD per JASm3 in China and 155 USD per JASm3 in India. The domestic market for logs has had a very stable start to 2019 with no significant changes in log prices. Demand for sawn timber ...
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