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New Zealand’s log exports to China
New Zealand’s log exports to China account for one-third of the country’s timber harvest in 2011, reports the Wood Resource Quarterly
Log exportation from New Zealand continues to rise at a record pace, with almost one-third of the country’s timber harvest being processed at sawmills in China. The high demand for logs from overseas has increased domestic sawlog prices to their highest levels in 15 years, according to the Wood Resource Quarterly.
The full article can be found in the attached PDF file…..
GTWMU_New_Zealand_topics_log_prices_reach_record_highs_3Q_2011.pdf
Hakan Ekstrom, Wood Resource Quarterly