NZ softwood log exports hit new record in 2017, raising ire of wood processors

NZ softwood log exports hit new record in 2017, raising ire of wood processors
Tina Morrison
By Tina Morrison Jan. 11 (BusinessDesk) - New Zealand log exports hit a new record last year, underscoring the concerns of local manufacturers that the country is sending too many unprocessed logs overseas, posing a threat for local timber supply in the future and undermining the goal to add more value to exports. The country exported $2.41 billion of softwood logs in the first 11 months of last year, surpassing all previous records for any full calendar year, according to the latest Statistics New Zealand figures. Data for the full year...