Indicative New Zealand Radiata Pine Log Prices

Returns to small growers may be lower than those recorded here owing to scale and buyers' margins. These log prices are historical and indicative only and may not correspond to actual prices paid, or grades used, in market transactions. A "best fit" is applied by survey respondents to align company log grade specification with the generic specifications. Direct comparisons with actual market prices may not apply, due to differences between the specification sets. The prices are subject to changes when further data become available. The sources for this information are Ministry of Agriculture and Forestry industry contacts.

September Quarter and 12-Quarter Average

As at: October   2003

Generic Log Type & Pricing Point	March 2003 Quarter	June  2003 Quarter	Sept 2003 Quarter	Dec 2003 Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned	160-230	154-230	165-227	204
Unpruned A Grade	87-114	87-106	79-95	109
Unpruned J Grade	77-103	77-102	64-73	94
Unpruned K Grade	70-86	70-86	65-87	86
Pulp	45-59	40-52	44-59	62
DOMESTIC (NZ$ per tonne delivered at mill)
P1	163-190	148-190	145-165	170
P2	101-160	109-152	101-144	130
S1	91-100	82-105	73-98	93
S2	70-96	84-94	51-90	85
L1 and L2	63-75	50-71	45-80	67
S3 and L3	n/a	50-78	47-68	63
Pulp	30-44	34-38	33-41	42

r = revised                                                          n/a = not available