NZ export log prices rise, domestic market strong

Mon, 21 Nov 2016

By Tina Morrison Nov. 21 (BusinessDesk) - New Zealand export log prices rose for a third straight month in November, aided by low shipping rates and demand from China, the country's largest export market. The average wharf gate price for New Zealand A-grade logs advanced to $117 a tonne in November, from $113 a tonne in October, and ahead of the $92 a tonne recorded in November last year, according to AgriHQ's monthly survey of exporters, forest owners and saw millers. Forest products are New Zealand's third-largest commodity export gr...

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