Photo: RNZ / Susan MurrayPrices have been on a strong run since November due to Chinese demand and a gap in supply, a Canterbury forestry consultant and exporter says. That's very good for this time of year, post Chinese New Year. But that's good news for New Zealand exports across both lumber and logs. Laurie said freight prices were exploding for both lumber from sawmills, and logs, with logs particularly hit. Laurie said this meant that despite log prices climbing to close to the highest levels ever, New Zealand would potentially see wharf gate prices (what growers get paid for logs) start dropping in April.

Source: Otago Daily Times March 31, 2021 00:56 UTC