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Table 3 Log grades and prices measured in Japanese Agricultural Standard cubic metres, free on board (loaded onto a ship at export port) as at Dec 2012 (MAF[2011b])

From: Assessing drivers of plantation forest productivity on eroded and non-eroded soils in hilly land, eastern North Island, New Zealand

Generic log type & pricing point

Dec-12 quarter($)

12-quarter average($)a

EXPORT (NZ$ per Japanese Agricultural Standards m3free on board)b

  

Pruned

144-190

168

Unpruned A grade

103-125

126

Unpruned K grade

90-121

116

Pulp

79-102

109

DOMESTIC (NZ$ per tonne delivered at mill)

P1

122-149

138

P2

111-123

118

S1

95-104

99

S2

90-97

95

L1 and L2

77-96

88

S3 and L3

77-86

81

Pulp

48-53

51

  1. aAverage log prices over preceding three years.
  2. bLog prices can be quoted at a number of different pricing points, such as "cost insurance freight" (or c.i.f., i.e., landed at an importing port), "free on board" (or f.o.b., i.e., loaded onto a ship at an export port), wharf gate, on truck, and at stump. Source: http://www.mpi.govt.nz/news-resources/statistics-forecasting/forestry/indicative-new-zealand-radiata-pine-log-prices.aspx