Raiders of NZ's logs: Consumers will pay for timber crisis

In calendar 2019, 35,898,790 tonnes of logs were produced in New Zealand with 13,847,610 of those processed here.

Mon, 29 Mar 2021

Consumers will pay the price for New Zealand’s failure to deal with unfair trading conditions in the global log market, the Wood Processors and Manufacturers Association says.Chief executive Jon Tanner (pictured below) said the current supply crunch and decision by NZ’s largest supplier of structural timber, Carter Holt Harvey, to cut off ITM, Mitre10 and Bunnings is a result of mostly Chinese buyers paying inflated prices for logs backed by government subsidies.BusinessDesk revealed on Friday that Carter Holt Harvey had halted supp...

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