Historic indicative New Zealand radiata pine log prices

Indicative prices of radiata pine logs by quarter since 1992.


Actual log prices may differ

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 for Primary Industries contacts.

Download the historic log price series [XLS, 168 KB]

2016

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 220 - 230 204 - 236 184 - 207 180 - 225
Unpruned A Grade 118 - 166 146 - 169 138 - 162 138 - 162
Unpruned K Grade 99 - 158 135 - 162  124 - 157  135 - 167 
Pulp 55 - 138 120 - 143  111 - 134  125 - 140 
DOMESTIC (NZ$ per tonne delivered at mill)
P1 140 - 187 142 - 195 140 - 193 142 - 186 
P2 129 - 182 134 - 188  130 - 192  102 - 189 
S1 102 - 118 104 - 123  105 - 123  105 - 126 
S2 90 - 114 90 - 118  80 -  116  93 - 120 
L1 and L2 79 - 130 71 - 132  74 - 130  82 - 138 
S3 and L3 68 - 106 82 - 119  69 - 107  71 - 112 
Pulp 31 - 59 44 - 59  31 - 61  40 - 52 

2015

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 186 - 199 121 - 199 189 - 211 121 - 228
Unpruned A Grade 134 - 150 81 - 133 90 - 133 81 - 141 
Unpruned K Grade 124 - 143 99 - 126 91 - 125 91 - 135 
Pulp 117 - 121 65 - 107 73 - 110 65 - 118 
DOMESTIC (NZ$ per tonne delivered at mill)
P1 139 - 164 135 - 170 135 - 174 135 - 174
P2 116 -136 116 - 133 116 - 133 105 - 170 
S1 108 - 112 100 - 109 100 - 108 96 - 109 
S2 96 - 109 85 - 109 85 - 105 85 - 109 
L1 and L2 97 - 139 78 - 95 78 - 94 78 - 109 
S3 and L3 88 - 100 69 - 96 76 - 90 69 - 96 
Pulp 50 - 55 31 - 54 31 - 55 31 - 55 

2014

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 171 - 198  158 - 190  146-187  165-236
Unpruned A Grade 142 - 165  104 - 142  110-140  127-169
Unpruned K Grade 133 - 159  96 - 137  101-134  117-163
Pulp 125 - 140  110 - 122  92-108  112-135
DOMESTIC (NZ$ per tonne delivered at mill)
P1 129 - 155  131 - 155  132-154  134-154
P2 126 - 126  119 - 130  125-126  121-130
S1 98 - 112  101 - 111  103-109  98-108
S2 92 - 118  91 - 123  101-110  98-109
L1 and L2 77 - 123  78 - 78  81-87  85-103
S3 and L3 86 - 108  90 - 115  81-100  86-100
Pulp 44 - 55  46 - 55  45-55  49-54

2013

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 168 - 192  169-209 177 - 201  181 - 206
Unpruned A Grade 128 - 138  136-153 143 - 162  137 - 169
Unpruned K Grade 112 - 131  114-147 132 - 156  127 - 159
Pulp 106 - 108  108-123 128 - 131  119 - 154
DOMESTIC (NZ$ per tonne delivered at mill)
P1 135 - 150  142 - 158 126 - 157  132 - 156
P2 120 - 121  121 - 133 114 - 125  121 - 127
S1 97 - 102  103 - 110 102 - 120  102 - 123
S2 95 - 98  101 - 107 90 - 110  90 - 113
L1 and L2 84 - 100  88 - 105 78 - 111  80 - 113
S3 and L3 92 - 90  83 - 100 75 - 106  75 - 102
Pulp 46 - 50  46 - 51 47 - 54  46 - 54

2012

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 144 - 153 154 - 163 153 - 166 144 - 190
Unpruned A Grade 110 - 117 110 - 122 116 - 118 103 - 125
Unpruned J Grade * * * *
Unpruned K Grade 94 - 109 104 - 116 103 - 110 90 - 121
Pulp 97 - 100 84 - 111 91 - 120 79 - 102
DOMESTIC (NZ$ per tonne delivered at mill)
P1 120 - 134 127 -170 120 - 136 122 - 149
P2 110 - 127 110 - 123 111 - 126 111 - 123
S1 95 - 100 95 - 98 95 - 102 95 - 104
S2 88 - 100 88 - 97 88 - 96 90 - 97
L1 and L2 90 - 110 83 - 92 80 - 89 77 - 96
S3 and L3 66 - 81 76 - 79 77 - 80 77 - 86
Pulp 49 - 55 46 - 51 47 - 49 48 - 53

2011

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 179 - 197 155 - 181 161 - 173 146 - 155
Unpruned A Grade 132 - 144 133 - 148 123 - 132 112 - 122
Unpruned J Grade * * * *
Unpruned K Grade 130 - 148 125 - 145 108 - 114 105 - 112
Pulp 129 - 137 110 - 176 109 - 118 98 - 112
DOMESTIC (NZ$ per tonne delivered at mill)
P1 128 - 147 130 - 152 132 - 152 127 - 134
P2 110 - 127 122 - 130 114 - 130 111 - 128
S1 92 - 103 86 - 105 94 - 108 99 - 103
S2 75 -  88 77 -  87 80 -  85 93 - 101
L1 and L2 72 - 103 74 - 115 78 - 95 76 - 91
S3 and L3 82 - 92 81 - 92 88 - 89 79 - 87
Pulp 47 - 57 48 - 61 49 - 61 49 - 54

2010

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 151 - 189 154 - 187 148 - 219 176 - 203
Unpruned A Grade 129 - 156 127 - 144 118 - 121 114 - 136
Unpruned J Grade * * * *
Unpruned K Grade 98 - 137 115 - 140 109 - 118 106 - 130
Pulp 80 - 116 105 - 127 103 - 105 100 - 120
DOMESTIC (NZ$ per tonne delivered at mill)
P1 125 - 145 125 - 161 125 - 156 130 - 154
P2 98 - 117 104 - 131 108 - 127 109 - 132
S1 89 - 97 95 - 102 97 - 103 97 - 100
S2 88 - 91 94 - 103 89 - 101 92 - 102
L1 and L2 87 - 85 73 - 109 71 - 99 73 - 102
S3 and L3 72 - 77 75 - 84 81 - 94 80 - 86
Pulp 43 - 57 44 - 57 44 - 59 46 - 58

2009

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 169 - 206 126 - 158 125 - 175 110 - 172
Unpruned A Grade 95 - 131 95 - 106 91 - 97 82 - 116
Unpruned J Grade 116 85 87 74
Unpruned K Grade 86 - 116 85 - 102 85 - 102 74 - 110
Pulp 56 - 94 65 - 86 75 - 77 65 - 92
DOMESTIC (NZ$ per tonne delivered at mill)
P1 116 - 128 116 - 135 120 - 139 121 - 143
P2 95 - 107 93 - 107 93 - 111 94 - 114
S1 85 - 97 84 - 90 84 - 92 83 - 97
S2 75 - 88 77 - 87 80 - 85 83 - 87
L1 and L2 70 - 76 68 - 72 65 - 76 68 - 83
S3 and L3 64 - 69 64 - 67 64 - 75 68 - 74
Pulp 40 - 64 40 - 62 40 - 59 40 - 55

2008

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec Quarter
EXPORT (NZ$ per JAS m3 f.o.b.)
Pruned 121 -165 121 -165 122 - 175 198 - 216
Unpruned A Grade 92 - 96 93 - 98 88 - 103 121 - 133
Unpruned J Grade 80 - 85 70 - 84 90 112
Unpruned K Grade 76 - 82 70 - 87 80 - 93 106 - 116
Pulp 45 - 62 58 - 62 68 - 76 75 - 93
DOMESTIC (NZ$ per tonne delivered at mill)
P1 118 - 141 118 - 132 120 - 130 116 - 126
P2 92 -107 92 - 105 93 - 105 89 - 109
S1 82 - 87 81 - 87 80 - 87 89 - 96
S2 57 - 88 61 - 85 57 - 85 78 - 89
L1 and L2 57 - 70 57 - 76 60 - 69 69 - 75
S3 and L3 57 - 69 61 - 65 57 - 65 63 - 67
Pulp 40 - 51 40 - 55 39 - 56 41 - 62

2007

Generic Log Type & Pricing PointMar QuarterJun QuarterSep QuarterDec 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 PointMar QuarterJun QuarterSep QuarterDec 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 PointMar QuarterJun QuarterSep QuarterDec 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 PointMar QuarterJun QuarterSep QuarterDec 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 PointMar QuarterJun QuarterSep QuarterDec 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 PointMarch QuarterJune  QuarterSept QuarterDec 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 PointMarch QuarterJune  QuarterSept QuarterDec 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 PointMarch QuarterJun QuarterSept QuarterDec 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 PointMarch QuarterJun QuarterSept QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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

1997

Log Type, Pricing Point and MarketMar QuarterJun QuarterSep QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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 MarketMar QuarterJun QuarterSep QuarterDec 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
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