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Issue date: 
August 3rd, 2011

Tpt Forests New Zealand - market report

Over recent weeks, export log markets have continued to react to oversupply with inventories building and softening prices. This situation of supply being well out of balance with demand is now very pronounced in China and India, and to a lesser extent in Korea and Japan. Irrespective of whether the primary reasons are due to high inventory/slowing demand or pricing being indexed to China, domestic log and processed product prices have decreased across all markets and general trading conditions have become far more challenging than earlier in the year.

Issue date: 
November 26th, 2010

New Zealand Log Prices - November 2010

Supply and demand in China, New Zealand’s major export log market, appears to be reaching a balance. As such, in-market prices for New Zealand logs in China and Korea have slowed from the rapid rises witnessed through September and October.

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by Dr. Radut