Some local mills turning away orders due to lack of capacity. Stable China sales undermined by high stocks. India sales struggle with liquidity. Rising ocean freight costs biting into returns More...
Export markets face growing competition while domestic markets are steady although supply is very tight in some regions. However there are uncertain outlooks in both markets More...
Average log prices remain well above 3yr average with firm demand from China and is likely to improve, variable demand from India where improvement will come later in 2018 More...
Price volatility in log market now a distant memory. Domestic demand stable. Key export markets still in basic health. Index price equals record high More...
Despite little change in prices, Indian demand is rising again, China demand stays high, and freight rates are up. The lower NZD has improved returns especially from Australia More...
Domestic lumber demand is tailing off just as export log demand is picking up, putting upward pressure on local log prices. Demand from India growing faster than expected More...
Domestic demand is flat and supply is ample. Export prices are flat, but China log demand strong across all grade. India demand up and strong. But rising NZD impacting prices More...
Both domestic and export markets remain strong. NZ exports to China grow +12% but prices seem toppy. India market has low stocks. Domestic market shows no slowdown More...
Both domestic and export markets report steady to strong demand. Prices just shy of all-time record. China shows stability and balance, and India recovering as predicted More...
Although demand remains strong for NZ logs and prices are getting a boost from a lower currency, rising freight rates may have an outsized impact in coming months More...
2017 has brought sharply higher export prices for logs, and strong demand continues from the local market as Auckland replaces Christchurch. Regional shortages reported More...
Both domestic and export log markets feature positive sentiment, although prices drifted in December. Fundamentals appear to be moving to favour suppliers again More...
Russia emerging as a competitor to NZ logs in China. India emerges as an alternative market. Auckland demand another bright spot - until the bubble bursts More...
Lower demand from China of pruned logs sees export prices fall. Unpruned log prices stabilise. Strong domestic demand gets more pruned logs at stable prices More...
Domestic log prices suffer as export prices under pressure especially from China. Quality supplied into export markets may bite back and limit pricing offers More...