ANZ log export commodities
Wednesday 9 Jun 2021
ANZ commodity tracking shows the forestry index gained another 3.3% in May to extend the record
prices this sector is achieving. Log prices have increased by approximately 25% y/y, with this lift
being driven by strong demand from China as well as reduced supply from some of the other major
supply regions such as Russia and North America.
Source: ANZ Research, ANZ Commodity Price Index Report