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May 9, 2023

Sharp fall in New Zealand log export prices; Europe might become a new destination

-New Zealand logging exporters are being blamed for the current dive in log prices to a level where harvesting is uneconomic.

-Between March and April log prices dropped 14 percent to $112 - $115 for an A-grade log.

-Europe is viewed as having huge opportunities due to significant reductions in softwood species harvests.

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