NZ log exports to China at record levels, demand expected to stay strong, AgriHQ says

Wed, 28 Feb 2018

By Tina Morrison March 1 (BusinessDesk) - New Zealand exported a record volume of logs to China last year as Asia's largest economy clamped down on harvesting its own forests, and the future points to constant or better demand in coming months, according to AgriHQ's latest forestry market report. The country shipped a record 18.8 million cubic metres of softwood logs overseas in 2017, up 18 percent on 2016, with exports to China jumping 29 percent and accounting for three-quarters of the total. New Zealand cemented its position as Chin...

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