After nearly a month of strict lockdown, forest industry businesses in New Zealand has restarted activity, after the Government moved the Covid-19 alert from level 4 to level 3.
At the end of April, the logging and shipping of New Zealand’s logs has gradually began the recovery.
According to industry insiders in China, it is estimated that the first New Zealand shipments of radiata pine will arrive before May 20. 10-15 ships are expected to arrive to Chinese ports, while last year the average was of 45-50 ships / month.
The average prices of New Zealand radiata pine logs delivered to China are expected to be around US $ 125/m3.
Also, New Zealand’s logs shipments are expected to gradually return to normal by the end of May/ beginning of June.
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