2017 International Forest Industries Magazines IFI Aug Sept 2017 v2 | Page 18

LOGGING & BIOMASS NEWS - WORLD MARKETS
NZ structural log prices - 20 year high
New Zealand structural log prices
have hit their highest level in more
than two decades as local mills
compete with the export market
to secure supply to meet demand
from the domestic market.
The price for structural S1 logs
lifted to $124 a tonne this month
in June, from $123 a tonne in May
and $114 a tonne at the same time
last year, reaching the highest
price for the grade since April 1994,
according to AgriHQ’s monthly
survey of exporters, forest owners
and saw millers.
“The New Zealand domest