Australian and NZ export log price index downFriday 19 Jul 2024 IndustryEdge’s Australian and New Zealand Export Log Price Index was down 11.5% in April 2024, measured in US dollars. The weighted average export price was USDFob80.66/m3 for the month.The weighted average New Zealand price decreased 12.2%, while the Australian equivalent fell by 9.6%. Australia’s export volumes increased 3% compared with the prior month, while the New Zealand volume declined by 22.6% compared with the last month. The combined index value for April trade was at 80.6648 points, meaning the average log price was around 19.3% lower than the index starting point in January 2017. The index combines and weights softwood log exports from Australia and New Zealand. It provides a consistent view of the price being achieved for the region’s logs, for the combined trade from Australia and New Zealand, as well as for each of Australia and New Zealand separately.  IndustryEdge’s Australian and New Zealand Log Price Index: Jan ’21 – Apr ’24 (INDEX) Source: IndustryEdge |
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