New Zealand increases log exports to China in February by 55.9%

New Zealand has increased log exports to China in February 2018 by 55.9% to 1,17 million m3 with average price of NZ$164 per m3, according to Statistics New Zealand data.

China’s share in News Zealand log exports has gained 10 pp to 75.8%. The supplies to Korea declined 24.7% to 162.4 thousands m3, and to Japan dropped 38.1% to 98.8 thousands m3. In February 2018, total log exports from New Zealand increased 34.2% to 1.55 million m3.