December log market report
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
Source: interest.co.nz
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November log market report
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
Source: interest.co.nz
October log market report
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
Source: interest.co.nz
September log market report
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
Source: interest.co.nz
August log market report
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
Source: interest.co.nz