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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Exporter says over-reliance on China led to log market crash

New Zealand needs to develop the Indian forestry market.

Andrew Bevin Tue, 06 Aug 2019

The forestry industry would be in a much better place if India had been developed as an alternative market to China, an exporter says.

Export log prices have dropped from $US130 a cubic metre at the start of June to $US105/cu m at the start of July.

If supply to China remains steady at two

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Andrew Bevin Tue, 06 Aug 2019
Contact the Writer: andrew@nbr.co.nz
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Exporter says over-reliance on China led to log market crash
General Business,
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