Summary
Mysteel published its latest log market update for Taicang Port on 4 November 2026. All logs listed that day were New Zealand radiata pine, covering 10 specifications: 4m Small A, 6m Small A, 4m Medium A, 6m Medium A, 4m Large A, 6m Large A, 4m KI, 4m KIS, P30 and P40. On prices, 4m and 6m Small A were both quoted at 7** yuan, 4m and 6m Medium A and 4m and 6m Large A were both quoted at 8** yuan, 4m KI and 4m KIS at 7** yuan, P30 at 9** yuan, and P40 the highest at 11** yuan.
The original did not disclose specific price change figures. The page also provides entry points to 7-day, 15-day and 30-day price trend charts, and links to spot log market updates for Taicang Port, Chongqing Port and Xinminzhou Port on 3 November, as well as port quotation records for multiple trading days from 29 October to 3 November.
Commentary
New Zealand radiata pine quotations at China's Taicang Port cover 10 specifications from Small A to P40, with prices ranging from about 700 to 1,100 yuan per cubic metre, though the original did not disclose the extent of price changes. As New Zealand's largest log export species, radiata pine accounts for about 40 percent of China's imported softwood logs, mainly supplying the construction and furniture sectors. China's current property adjustment has weakened demand for construction timber, while rising domestic sawmilling costs in New Zealand are squeezing margins at some small and medium-sized forestry operations.
For NZ SMEs, two points warrant attention: first, changes in Chinese port inventories, as high stock levels could depress subsequent export prices; second, competition from substitute species such as European spruce, whose price advantage could erode radiata pine's market share. Exporters are advised to leverage the zero-tariff advantage under the China-New Zealand free trade agreement, shift toward higher-grade sawlogs such as P40, or develop premium markets such as Japan and South Korea to reduce reliance on a single Chinese construction market.
Keywords: log prices, radiata pine, Taicang Port, New Zealand, log market, Mysteel, spot quotations, port prices
AI illustration on MiDeer Observer
Source: Mysteel
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