Totally,and today they have gone even higher. Who is buying at these levels?No value here.
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https://www.newstalkzb.co.nz/on-air/...ccess-to-wood/
Updated link.
Uncle Shane looking to ban/regulate log exports... This would be very significant for POT.
Updated above ^
Thanks Ados.
This must be just SJ shooting off his mouth (again), with no discussion with coalition partners. Sounds all good in theory....but....
When this is all over, Gubbermint is going to be as keen for as much foreign earnings as quick as possible. Logging is going to be shut down for 6 months minimum.
This needs thinking about After this virus upset many things are going to change, one of which is the need for more local production and less coffee shops etc to give jobs. Do not laugh , Shane is bright and intelligent even if not to everyones liking.
Although its a pretty well retreaded story re attempts to get and add value to logs by having them milled here in NZ. Think Winston has done this at least once before but its largely a failure and mills have been shutting for years. Be a great problem to find a solution to though.
There's no point in making stuff that doesn't have a market. If the international demand is for logs and not added value timber products you sell them logs. Remember, the customer is always right!