NZ log exports hit new monthly record in March, further strength forecast

Wed, 23 May 2018

By Tina Morrison May 23 (BusinessDesk) - New Zealand exported a record volume of softwood logs in March, as shipments to most major markets increased, with further strength forecast through the rest of the year, according to AgriHQ, NZX's agricultural analysis business. The country shipped a record 1.975 million cubic metres of softwood logs overseas in March, up 22 percent from both the February level and from March last year, AgriHQ said in its latest monthly forestry market report. That beat the previous monthly record set in October...

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