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General Business
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Jobs lost as Chinese log price crashes

It could be six months before log prices improve substantially.

Andrew Bevin Tue, 09 Jul 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Logging crews are being laid off as the forestry industry deals with a significant price correction period.

Supply and demand dynamics in New Zealand’s largest export market, China, have been shaken by a perfect storm fuelled by climate change, the US-China trade war and the Belt and Road

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Andrew Bevin Tue, 09 Jul 2019
Contact the Writer: andrew@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Jobs lost as Chinese log price crashes
General Business,
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