At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average of 8 NZD per JASm3. From the nadir that was July AWG prices, the average AWG prices have now increased by approximately 20 NZD per JASm3. Log stocks are relatively low in China and AWG prices are expected to continue their steady increase until the end of the year, due to increased CFR log prices in China.
New Zealand’s export prices for logs on the rise as demand in China rises
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