China trade distorts log costs for local processors, MPs told

China trade distorts log costs for local processors, MPs told
Gavin Evans
Prices for New Zealand logs have been “highly distorted" by the country’s trade with China and do not represent a fair international price, MPs were told yesterday. Government proposals to ensure a more reliable log supply for domestic mills were a reasonable first step but subsidised log buying by China had to be addressed, Wood Processors and Manufacturers Association chief executive Jon Tanner said. The government’s own data shows log prices here were up to twice that of equivalent logs in other parts of the world, Tanner told Parliame...

More Primary Sector

Comvita profit out by $4m, not $2m
Primary Sector

Comvita profit out by $4m, not $2m

Embattled honey firm uncovers further financial irregularities.

Meet NZ’s top ‘fish cop’ Steve Ham
Primary Sector

Meet NZ’s top ‘fish cop’ Steve Ham

Protecting NZ’s fisheries resources is his life’s work. 

Jem Traylen 06 Feb 2025
Zhiqiang Li takes helm as acting CEO of Westland Milk Products
Primary Sector

Zhiqiang Li takes helm as acting CEO of Westland Milk Products

Zhiqiang Li has taken the helm as acting chief executive of Westland Milk Products, effective today.The move follows the resignation of former CEO Richard Wyeth.Li will continue as executive director of Yili Group in Australia and New Zealand.Li said Wyeth joined the company four...

Rebecca Howard 31 Jan 2025
Coal and gold added to critical minerals list
Finance

Coal and gold added to critical minerals list

Banks and insurance companies threatened with regulatory retaliation if they block mining.

Ian Llewellyn 31 Jan 2025