Abstract: This paper reviews both the supply and demand outlook for New Zealand logs focusing on the international markets. Since China entered the log buying market in a sustained manner in 2006/07, the dynamics of the international log markets have changed dramatically. This has coincided with a change in the Russian supply of logs and lumber. Looking forward 5-10 years the outlook is positive as the US housing market recovers, China reduces its domestic supply of softwood logs, and demand from India continues to increase. This paper outlines some of those trends in more detail. (no keywords)
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