By Tina Morrison. Basis of Index: This Index is based on prices in the table below weighted in proportions that represent a broad average of log grades produced from a typical pruned forest with an approximate mix of 40% domestic and 60% export supply.Note: Actual prices will vary according to regional supply/demand balances, varying cost structures and grade variation.

Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Current prices NSA China takes about 60 per cent of New Zealand's logs, Verry said. Due to the increase in the AWG prices the PF Olsen Log Price Index for December increased $1 to $122. China’s Gross Domestic Product (GDP) rose just 6.0% year-on-year in Q3 2019. The CFR for A grade is in the USD 136-138 per JASmThe anticipated increase in the sale price for radiata sawntimber produced by the Indian mills was instead largely substituted by cheaper imports of the aforementioned softwood sawn timber from Europe. Demand for ocean freight has reduced around the world as suppliers of all commodities prepare for the Chinese New Year in January.
Find statistics about New Zealand's overseas trade of goods and services. The ' Structural (S20)' chart will be drawn here. This page includes a chart with historical data for New … Approximately 50-60% of the green lumber from mills located in Gandhidham is sent to Delhi NCR. We welcome your comments below. The Trading Economics Application Programming Interface (API) provides direct access to our data. The European spruce is going to be a major thorn in our side for some time to come. Why? Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. November log market report. The index is currently $5 below the two-year average, $4 below the three-year average, and $2 higher than the five-year average. Construction activity in the Delhi NCR region had taken a hit when the government imposed a temporary ban on construction activity to control elevated levels of air pollution. The ' Pruned (P40) - wharf' chart will be drawn here. Any links to other news, data or research to shed more light on this? New Zealand will need to get its collective act together to slow the harvest and so reduce the log supply into China. March 1 (BusinessDesk) - New Zealand exported a record volume of logs to China …
If demand does not increase in 2020 there will likely be pressure on prices in these market segments. This is China’s weakest economic growth in almost three decades (since the first quarter of 1992). Exports to China in New Zealand averaged 1003.33 NZD Million from 2014 until 2020, reaching an all time high of 1904.01 NZD Million in December of 2019 and a record low of 567.46 NZD Million in September of 2014. Gisborne’s log exports to China are expected to come to a shuddering halt, due to exporters' fears over the spread of the mysterious and deadly Coronavirus in China. The market is making a concerted effort to bring sawntimber prices close to INR 440 before the end of the year.The packaging industry continues to demand sawn timber from New Zealand logs, as that market is stable and requires a minimum output each month.The South India log market remains dull and is serviced mainly by container softwood import trades as opposed to break bulk vessels.


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