Forestry Statistics

Indicative New Zealand Radiata Pine Log Prices
by Quarter

Logging Truck

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.

2008

Generic Log Type & Pricing Point March 2008
Quarter		 June 2008
Quarter		 Sept 2008
Quarter		 Dec 2008
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 121 -165 121 -165
Unpruned A Grade 92 - 96 93 - 98
Unpruned J Grade 80 - 85 70 - 84
Unpruned K Grade 76 - 82 70 - 87
Pulp 45 - 62 58 - 62
DOMESTIC (NZ$ per tonne delivered at mill)
P1 118 - 141 118 - 132
P2 92 -107 92 - 105
S1 82 - 87 81 - 87
S2 57 - 88 61 - 85
L1 and L2 57 - 70 57 - 76
S3 and L3 57 - 69 61 - 65
Pulp 40 - 51 40 - 55

2007

Generic Log Type & Pricing Point March 2007
Quarter		 June 2007
Quarter		 Sept 2007
Quarter		 Dec 2007
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 144 - 230 112 -133 101 - 114 101 - 114
Unpruned A Grade 114 -122 96 - 120 93 - 109 93 - 109
Unpruned J Grade 114 - 120 107 - 118 90 - 106 90 - 106
Unpruned K Grade 107 - 111 90 - 108 72 - 88 72 - 88
Pulp 59 - 78 57 - 70 45 - 62 45 - 62
DOMESTIC (NZ$ per tonne delivered at mill)
P1 130 - 137 123 -141 123 - 141 123 -141
P2 93 - 107 98 - 111 92 - 111 97 - 111
S1 86 - 88 91 - 98 85 - 85 67 - 87
S2 63 - 93 90 - 94 85 - 94 82 - 89
L1 and L2 63 - 76 73 - 96 59 - 80 60 - 79
S3 and L3 63 - 76 68 - 82 64 - 76 56 - 71
Pulp 41 - 56 40 - 55 41 - 53 41 - 52

2006

Generic Log Type & Pricing Point March 2006
Quarter		 June 2006
Quarter		 Sept 2006
Quarter		 Dec 2006
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 128 -200 141 -170 173 -178 153 -232
Unpruned A Grade 70 - 99 94 - 100 104 - 119 106 - 111
Unpruned J Grade 76 - 87 80 - 93 98 - 102 98 - 102
Unpruned K Grade 65 - 86 75 - 88 87 - 111 93 - 110
Pulp 48 - 64 57 - 72 65 - 84 73 - 84
DOMESTIC (NZ$ per tonne delivered at mill)
P1 123 -140 124 -154 133 -147 128 -147
P2 90 -129 97 -111 99 -130 93 -115
S1 80 - 92 81 - 91 82 - 93 82 - 86
S2 63 - 89 80 - 92 75 - 93 82- 90
L1 and L2 51 - 67 58 - 75 58 - 77 58 - 87
S3 and L3 48 - 73 57 - 78 53 - 73 58 - 73
Pulp 38 - 51 38 - 52 39 - 51 40 - 52

2005

Generic Log Type & Pricing Point March 2005
Quarter		 June  2005
Quarter		 Sept 2005
Quarter		 Dec 2005
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 134 - 183 133 - 227 145 - 236 139 -149
Unpruned A Grade 83 - 90 85 - 95r 82 - 93 88 - 93
Unpruned J Grade 73 - 79 72 - 80r 53 - 77 72 - 81
Unpruned K Grade 70 - 100 48 - 86 58 - 90 78 - 82
Pulp 47 - 65 45 - 62r 48 - 56 50 - 57
DOMESTIC (NZ$ per tonne delivered at mill)
P1 130-145 135-147 139-143 130-137
P2 93-130 99-142r 98-108 94-128
S1 78- 99 78- 92 77- 93 80- 93
S2 76- 95 60- 90 74- 88 73- 88
L1 and L2 47- 65 51- 65 51- 65 50- 69
S3 and L3 47- 73 51- 76 51- 77 50- 74
Pulp 36- 47 35- 49 37- 49 38- 50

2004

Generic Log Type & Pricing Point March 2004
Quarter		 June  2004
Quarter		 Sept 2004
Quarter		 Dec 2004
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 141-207 .. 142 - 249 139 - 217
Unpruned A Grade 79-104 74-115 58-96 64-100
Unpruned J Grade 70-99 54-91 57-76 55-80
Unpruned K Grade 70-90 54-101 50-70 45-75
Pulp 48-60 40-46 41-47 43-54
DOMESTIC (NZ$ per tonne delivered at mill)
P1 128-160 138-169 146-177 139-171
P2 93-140 96-155 99-150 93-140
S1 72-92 79-90 80-95 80-93
S2 66-83 64-85 70-80 69-90
L1 and L2 52-74 50-74 50-72 48-67
S3 and L3 49-73 50-70 49-68 48-74
Pulp 35-43 37-48 33-39 36-41

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 160-230 154-230 165-227 105-206
Unpruned A Grade 87-114 87-106 79-95 77-98
Unpruned J Grade 77-103 77-102 64-73 60-83
Unpruned K Grade 70-86 70-86 65-87 65-93
Pulp 45-59 40-52 44-59 27-58
DOMESTIC (NZ$ per tonne delivered at mill)
P1 163-190 148-190 145-165 140-170
P2 101-160 109-152 101-144 103-136
S1 91-100 82-105 73-98 73-90
S2 70-96 84-94 51-90 73-84
L1 and L2 63-75 50-71 45-80 48-72
S3 and L3 n/a 50-78 47-68 48-75
Pulp 30-44 34-38 33-41 37-43

2002

Generic Log Type & Pricing Point March 2002
Quarter		 June  2002
Quarter		 Sept 2002
Quarter		 Dec 2002
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 214-230 197-230 n/a 170-215
Unpruned A Grade 105-117 94-115 100-118 r 91-121
Unpruned J Grade 98-109 92-104 98-110 r 87-103
Unpruned K Grade 91-113 90-105 92-108 r 80-90
Pulp 65-72 65-72 65-71 52-61
DOMESTIC (NZ$ per tonne delivered at mill)
P1 153-190 158-180 165-190 171-190
P2 99-160 104-160 105-160 r 101-152
S1 86-100 82-101 90-103 83-100
S2 87-94 85-95 73-87 87-96
L1 and L2 61-75 66-82 61-78 60-78
S3 and L3 50-80 50-79 57-79 n/a
Pulp 35-51 35-48 39-50 38-49

2001

Generic Log Type & Pricing Point March 2001
Quarter		 June  2001
Quarter		 Sept 2001
Quarter		 Dec 2001
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 189-220 190-217 144-230 190-234
Unpruned A Grade 117-133 100-127 100-136 94-115
Unpruned J Grade 89-105 78-102 85-94 89-98
Unpruned K Grade 70-97 64-78 84-90 87-100
Pulp 62-79 53-69 56-65 65-70
DOMESTIC (NZ$ per tonne delivered at mill)
P1 151-175 162-185 150-175 164-190
P2 103-165 101-143 94-165 106-160
S1 90-107 83-99 83-103 77-101
S2 80-102 70-100 70-93 69-92
L1 and L2 54-85 52-70 55-60 62-80
S3 and L3 57-69 52-80 N/A 50-78
Pulp 35-63 36-57 32-42 35-51

2000

Generic Log Type & Pricing Point March 2000
Quarter		 Jun 2000
Quarter		 Sept 2000
Quarter		 Dec 2000
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 176-218 190-219 190-229 192-237
Unpruned A Grade 98-121 106-130 109-142 122-141
Unpruned J Grade 92-104 94-106 94-117 89-122
Unpruned K Grade 84-102 84-106 72-105 65-105
Pulp 58-63 62-65 60-68 62-80
DOMESTIC (NZ$ per tonne delivered at mill)
P1 147-175 150-175 155-190 150-175
P2 102-150 107-150 111-170 105-160
S1 105-114 95-119 95-109 100-111
S2 85-96 80-107 80-107 83-103
L1 and L2 53-83 54-85 60-92 58-85
S3 and L3 58-78 56-71 56-86 52-65
Pulp 32-47 32-44 32-45 34-63

1999

Generic Log Type & Pricing Point March 1999
Quarter		 Jun 1999
Quarter		 Sept 1999
Quarter		 Dec 1999
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 186-200 180-198 167-186 171-206
Unpruned A Grade 93-119 104-107 94-112 98-119
Unpruned J Grade 78-89 70-89 71-85 80-98
Unpruned K Grade 52-92 72-83 78-89 83-110
Pulp 47-54 54-62 59-61 58-72
DOMESTIC (NZ$ per tonne delivered at mill)
P1 134-180 145-180 146-175 146-175
P2 112-130 108-145 96-160 98-160
S1 75-117 90-101 84-93 82-107
S2 71-97 78-90 78-89 82-95
L1 and L2 50-72 52-86 51-82 50-85
S3 and L3 56-79 45-62 43-65 54-68
Pulp 27-39 28-39 28-39 24-40

1998

Log Type, Pricing Point and Market Mar 1998
Quarter		 Jun 1998
Quarter		 Sep 1998
Quarter		 Dec 1998
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned - Japan, Korea 216-257 245-255 210-240 190-240
Unpruned A Grade - Japan 114-128 115-139 106-112 99-114
Unpruned J Grade - Japan 68-103 65-96 64-84 61-85
Unpruned K Grade - Korea 67-112 62-105 60-76 53-87
Pulp 43-45 n/a 44-48 41-48
DOMESTIC (NZ$ per tonne delivered at mill)
P1 145-190 165-203 147-183 147-183
P2 103-165 158-171 117-163 115-183
S1 92-105 87-95 83-101 79-117
S2 72-99 80-90 80-95 71-100
L1 and L2 59-63 72-88 57-84 65-75
S3 and L3 50-83 n/a 45-60 56-79
Pulp 37-43 31-55 30-38 30-40

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.  The prices are subject to changes when further data becomes available.  The sources for this information are Ministry of Agriculture and Forestry industry contacts.

1997

Log Type, Pricing Point and Market Mar 1997
Quarter		 Jun 1997
Quarter		 Sep 1997
Quarter		 Dec 1997
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned - Japan, Korea 179-200 203-213 230-235 217-238
Unpruned A Grade - Japan 97-114 108-115 108-128 108-133
Unpruned J Grade - Japan 78-100 91-105 98-112 97-110
Unpruned K Grade - Korea 75-83 91-99 80-99 95-101
Pulp 46-51 38-48 52-62 55-60
DOMESTIC (NZ$ per tonne delivered at mill)
P1 146-180 148-195 150-195 145-195
P2 113-148 115-128 117-165 118-165
S1 90-110 99-110 100-111 100-115
S2 91-100 85-98 76-96 97-100
L1 and L2 65-75 50-75 54-64 55-64
S3 and L3 61-85 60-70 60-85 63-87
Pulp 40-48 38-45 38-45 35-45

1996

Log Type, Pricing Point and Market Mar 1996
Quarter		 Jun1996
Quarter		 Sep 1996
Quarter		 Dec 1996
Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned - Japan, Korea 200-220 180-215 184-213 186-207
Unpruned A Grade - Japan 115-130 105-125 97-128 93-109
Unpruned J Grade - Japan 105 - 115 105-117 94-104 91-95
Unpruned K Grade - Korea 105 - 110 90-97 88-96 69-87
Pulp 57 - 67 51 49-61 44-49
DOMESTIC (NZ$  pertonne delivered at mill)
P1 165 - 175 150-200 148-210 143-190
P2 130 - 150 115-125 111-162 114-148
S1 105 - 125 110-120 90-99 90-108
S2 95 - 110 102-103 70-88 87-97
L1 and L2 70 - 105 60-95 56-85 54-81
S3 and L3 70 - 85 60-85 58-66 62-76
Run of bush 90 - 125 n/a n/a 41-58
Pulp 30 - 65 45-55 35-55  

1995

Log Type, Pricing Point and Market Mar 1995
Quarter		 Jun 1995
Quarter		 Sep 1995
Quarter		 Dec 1995
Quarter
EXPORT (NZ$ per JAS m3 f.o.b)
Pruned - Japan, Korea 258 224 - 239 224 200 - 230
A Grade - Japan 129 135 - 137 130 130 - 140
J Grade - Japan 104 115 114 - 130 110 - 120
K Grade - Korea 109 110 - 113 110 - 113 110 - 125
Pulp 50 n/a 55 55 - 65
DOMESTIC (NZ$ per tonne delivered at mill)
P1 180 - 240 180 - 220 160 - 230 160 - 210
P2 115 - 180 130 - 180 115 - 165 110 - 135
S1 110 - 140 110 - 140 100 - 120 90 - 115
S2 90 90 70 - 95 80 - 115
L1 and L2 70 - 96 75 65 - 90 70 - 95
S3 and L3 65 - 90 70 80 65 - 70
Run of bush 70 - 110 80 - 95 70 - 100 65 - 95
Pulp 45 - 50 45 - 50 30 - 60 40 - 65

1994

Log Type, Pricing Point and Market Mar 1994
Quarter		 Jun 1994
Quarter		 Sep 1994
Quarter		 Dec 1994
Quarter
EXPORT (NZ$ per JAS m3 f.o.b)
Pruned - Japan, Korea 236 308 280 226 - 250
A Grade - Japan 164 179 150 115 - 134
J Grade - Japan n/a 140 125 94 - 105
K Grade - Korea 114 109 100 87 - 97
Pulp n/a 55 50 50
DOMESTIC (NZ$ per tonne delivered at mill)
P1 230 200 - 340 200 - 300 180 - 240
P2 110 - 200 125 - 200 150 - 180 130 - 180
S1 122 n/a 110 - 150 110 - 140
S2 90 n/a 90 90
L1 and L2 80 n/a 70 - 85 70 - 85
S3 and L3 n/a n/a 65 - 90 65 - 90
Run of bush 80 - 90 80 - 90 70 - 110 70 - 110
Pulp n/a n/a 45 - 50 45 - 50

1993

Log Type, Pricing Point and Market Mar 1993
Quarter		 Jun 1993
Quarter		 Sep 1993
Quarter		 Dec 1993
Quarter
EXPORT (NZ$ per JAS m3 f.o.b)
Pruned - Japan, Korea 286 399 - 416 462 236
A Grade - Japan 208 215 - 222 256 - 266 164
J Grade - Japan 128 - 177 194 n/a n/a
K Grade - Korea 147 - 162 150 - 222 136 100
Pulp n/a n/a n/a n/a
DOMESTIC (NZ$ per tonne delivered at mill)
P1 n/a n/a n/a n/a
P2 130 - 200 110 - 200 110 - 200 110 - 180
S1 n/a n/a   n/a
S2 n/a n/a n/a n/a
L1 and L2 n/a n/a n/a n/a
S3 and L3 n/a n/a n/a n/a
Run of bush n/a n/a n/a n/a
Pulp n/a n/a n/a n/a

1992

Log Type, Pricing Point and Market Mar 1992
Quarter		 Jun 1992
Quarter		 Sep 1992
Quarter		 Dec 1992
Quarter
EXPORT (NZ$ per JAS m3 f.o.b)
Pruned - Japan, Korea 168 - 171 177 194 217 - 237
A Grade - Japan 111 - 122 120 114 - 131 132 - 164
J Grade - Japan 85 - 92 97 113 112 - 134
K Grade - Korea 89 - 102 92 79 - 96 107 - 128
Pulp     n/a n/a
DOMESTIC (NZ$ per tonne delivered at mill)
P1 120 n/a n/a 190
P2 75 - 94 n/a n/a 89 - 160
S1 67 n/a n/a 75
S2 51 n/a n/a 71
L1 and L2 52 n/a n/a 56
S3 and L3 45 n/a n/a n/a
Run of bush n/a n/a n/a n/a
Pulp n/a n/a n/a n/a

Contact for Enquiries

Senior Analyst
Ministry of Agriculture and Forestry
PO Box 1340
Rotorua
NEW ZEALAND

Phone: +64 7 921 3403
Fax: +64 7 921 3402

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