Month: June 2016

NZ log export prices reached $153 per cubic metre in March 2017, one of the highest points since March 2014. Almost half of forestry’s export revenue comes from log exports, of which China, India, Japan and South Korea are our main trading partners. Log exports are forecast to continue to rise, reaching 3.1 billion by 2021.

In May Roger travelled to China with one of our log exporting companies – Summit Forestry – to gain a better understanding of how well our logs are received. Roger was standing on the port with logs harvested from our first syndicated forest 28 years ago. A significant milestone for the company.  Read his full report here, and note his comments on the Health and Safety standards…