domestic log markets

11 Dec 18, 4:55pm
China log demand stable but lower freight costs absorbed by higher NZD. Sawn timber exports strong especially to the EU, and prospects bright
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13 Nov 18, 4:57pm
Nervous demand from China as their inventories shrink raises prices for logs. Demand for sawn timber remains strong but supply competition rises. Domestic markets unchanged
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9 Oct 18, 10:16am
Export log prices rise with gains boosted by falling Kiwi dollar. But sawn timber demand isn't following yet. China paying more for logs. India still difficult despite opportunity
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15 Sep 18, 10:04am
Domestic log demand shows signs of softness, but export volumes hold up. Ironically, lower grades are getting price increases but higher grades not. Probably temporary
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21 Aug 18, 8:56am
Sharp reduction in Chinese buying power causes a big drop in prices for export logs, even as Chinese log stocks reduce. Lower prices flow from India too
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9 Jul 18, 10:34am
Steady domestic demand contrasts with rising US demand, and analysts divided on next direction in China. India now pays the same as China although volume has slipped
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13 Jun 18, 10:05am
Strong demand from the US and EU for clear lumber produced by New Zealand mills with prices rising to record highs. China demand high but softening as prices rise. Domestic demand steady
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15 May 18, 9:19am
Export markets for unpruned sawn timber consume everything NZ mills can supply. Strong and growing demand from the USA and European markets for clear lumber. Local markets accept price increases
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12 Apr 18, 10:56am
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
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17 Mar 18, 10:20am
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
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14 Feb 18, 2:27pm
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
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10 Jan 18, 10:00am
High China log demand and rising export prices are putting the squeeze on supply for domestic use. Log price index reaches a new all-time high
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23 Nov 17, 5:15pm
Price volatility in log market now a distant memory. Domestic demand stable. Key export markets still in basic health. Index price equals record high
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19 Oct 17, 11:42am
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
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20 Sep 17, 11:27am
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
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23 Aug 17, 4:51pm
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
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19 Jul 17, 2:19pm
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
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19 Jun 17, 5:06pm
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
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25 May 17, 12:03pm
China log market balanced. Indian market recovering. Local market demand remains strong. Log price index rises to a new record
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18 Apr 17, 8:59am
Strong domestic demand continues as China stocks stabilise and India trade picks up again. As supply tightens, prices expected to rise
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