A Tale of Two Log Exporters

Wednesday 18 Aug 2021

 
(IndustryEdge) Log export data tells tale of two Tasmans - Latest log export data for Australia and New Zealand tells two radically different stories. New Zealand’s log exports are booming and the price is at record levels. Meantime, Australia’s trade is constrained on both fronts, despite the strength of global demand for fibre.

As the data and visualisations on the Wood Market Edge online platform demonstrate, in June 2021, Australia’s total softwood log exports reached just 98.3 km3, the lowest export volume in five months. The average price was AUDFob114/m3 or USDFob85/m3. The main recipient country for the month was Korea (54.6 km3), followed by Vietnam and India.

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Source: Industry Edge


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