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May 1, 2024
Declining domestic demand and high stocks in China are depressing log prices. But there are signs Chinese demand is stabilising and Indian demand is expected to rise
April 2, 2024
An over-supply of logs to China is depressing prices. Reduced shipping costs and a lower NZD alleviated some of the fall in March, but a substantial retreat is expected in April
March 1, 2024
Log prices were stable in February. China's reopening after Lunar New Year holiday has been slower than usual. India undergoing transitional changes. Eyes on rising freight rates
January 30, 2024
Log demand is broadly stable in January with local demand holding, demand from China uncertain but certainly not falling, and demand from India showing some upside
January 1, 2024
With 2024 planting season underway, log prices remain stuck below long run averages. Price rises in China unlikely to bring higher returns. Domestic demand is low and slipping
December 21, 2023
Extreme cold in China has slowed construction and log offtake. Extreme wet in India has slowed their demand too. Local demand in holiday mode. But despite all that, log prices rose in December
December 1, 2023
Steady log demand in China where stocks are very low has boosted export log prices. There has also been a post-election boost in domestic demand for sawn timber
November 2, 2023
China log inventories low but demand not rising. Local log supply tight as some forest owners stop harvesting. Local demand rises post-election. Europe demand for sawn timber stalls
September 28, 2023
Local demand for logs holding but supply tightening. Despite that prices are softer. China demand for logs almost at normal level but confidence in residential construction not high. Overall log prices stable but with softer expectations
September 1, 2023
Higher prices from China have improved log returns although shipping costs absorbed some of this. India demand weak. Global pulp inventory levels are at record highs with very low demand