Chinese log prices defy inventory drop
Behind milk and meat, logs are this country's third largest merchandise export.
Although log inventories in China have been dropping for the past six weeks, the recent price rise for New Zealand exporters stems from a favourable movement in exchange rate with a small unfavourable offset in ocean freight costs.
That’s according to Peter Weblin, marketing manager for the
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jamie Ball
Fri, 24 Oct 2014
Fri, 24 Oct 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Chinese log prices defy inventory drop
42525