Forestry prices 'slipping back' slightly after export-driven spike

Log prices per tonne have dropped slightly after a recent spike, says Malcolm Burns, founder of South Island-based forest procurement company Forest Distribution & Logistics (FDL).

"There's been a spike through this past month as there was quite significant demand from the export sector but it is looking to be slipping back off again now," Burns told Rural Exchange.

"There's a bit of balance between supply and demand at the moment and that's seeing the price now for this coming month slip back slightly from some of the highs it's had over the past two months."

Listen to the full interview with Malcolm Burns.

This article was created for Forest Distribution & Logistics.

Rural Exchange with Hamish McKay and Richard Loe, 6-8am Saturday and Sunday on Magic Talk.