NZ log export market picks up after slowdown ahead of Chinese New Year, traders optimistic

Thu, 26 Apr 2018

By Tina Morrison April 27 (BusinessDesk) - New Zealand's export log market has picked up following a slowdown ahead of the Chinese New Year period and traders are optimistic about the outlook for the year ahead, according to the latest AgriHQ forestry market report. The country's log export volumes in February were 1.6 percent ahead of the three-month average and 18 percent up on the same time last year as weaker exports to India and South Korea were offset by strong exports to Japan and China, the report said. Lumber exports also picked...

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