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
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Jamie Ball
Fri, 24 Oct 2014
Fri, 24 Oct 2014
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Chinese log prices defy inventory drop
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