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General Business
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Log prices hit record highs as freight rates jump

The Australia-China trade war is aggravating existing shipping shortages.

Andrew Bevin Fri, 14 May 2021

A rise in global shipping prices that would otherwise erode New Zealand’s forestry margins has been offset by high log prices that haven’t been seen in decades. 

New Zealand Forest Owners Association president Phil Taylor said A-grade logs were currently going for US$178 a Japanese

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Andrew Bevin Fri, 14 May 2021
Contact the Writer: andrew@nbr.co.nz
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Log prices hit record highs as freight rates jump
General Business,
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