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

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