PF Olsen log markets summary
Wednesday 10 Apr 2019
The domestic market for logs has continued the very stable start to 2019. On average mills report sawn timber sales up about 5% on last year. Increases in consents for new dwellings continue to be dominated by the North Island cities, with consent numbers in the South Island down on this time last year.
Due to the drop in the AWG log prices the PF Olsen Log Price Index for April decreased $3 to $131. The index is currently $2 above the two-year average, $5 above the three-year average, and $13 higher than the five-year average.
Source: PF Olsen
Copyright 2004-2019 © Innovatek Ltd. All rights reserved.