April log market report
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
Source: interest.co.nz
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March log market report
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
Source: interest.co.nz
February log market report
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
Source: interest.co.nz
January log market report
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
Source: interest.co.nz
May log market report
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
Source: interest.co.nz