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July 27, 2016

NZ export log prices reach 7-month low

New Zealand export log prices reach 7-month low in July due to higher local currency and weaker prices in key export markets.
Thus, the average wharf gate price for New Zealand A-grade logs dropped to $114 a tonne, as compared to the price in June, of $116 a tonne, registering the lowest level since the $104 a tonne from December 2015,

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