News | Business
26 Jan 2021 16:14
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Forestry appears to have weathered the covid storm

    Forestry appears to have weathered the covid storm


    The sector was hit hard by China's shutdown earlier this year.

    At one stage, forestry prices were down nearly 30 per cent in US dollar terms -- now they're slightly above the prices seen before the pandemic.

    ASB Chief Economist Nick Tuffley says it's encouraging to see the sector bounce back so strongly.

    He says it comes down to China, whose economy is growing very strongly since coming out of their lockdown.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     26 Jan: A Kiwi peanut butter company is trying its hand at growing nuts in Northland
     26 Jan: Concern Northland businesses exposed to our latest community Covid case ... need more support
     26 Jan: An economic risk for every country ... if developing countries miss out on covid 19 vaccines
     25 Jan: Donald Trump left office last week. What could be next for the former president?
     25 Jan: A businesswoman say we need to close the border... after Northland's community case of covid was detected yesterday
     25 Jan: Prevailing winds have blown an Auckland ferry terminal opening off-schedule
     25 Jan: Tens of businesses across Northland are shutting up shop today after news of a Covid-19 exposure
     Top Stories

    RUGBY RUGBY
    Skier Alice Robinson is primed to chase her first podium finish of the World Cup Giant Slalom season in Italy tonight More...


    BUSINESS BUSINESS
    A Kiwi peanut butter company is trying its hand at growing nuts in Northland More...



     Today's News

    Entertainment:
    Kodak Black has thanked Donald Trump for granting him a pardon 16:00

    Law and Order:
    A 24 year old woman has appeared in the Wellington District Court today charged with murder 15:47

    Business:
    A Kiwi peanut butter company is trying its hand at growing nuts in Northland 15:37

    Entertainment:
    Victoria Beckham has sent birthday wishes to Emma Bunton via social media 15:30

    Rugby:
    Skier Alice Robinson is primed to chase her first podium finish of the World Cup Giant Slalom season in Italy tonight 15:27

    Politics:
    UN labels Sri Lanka cremation of COVID-19 dead, including Muslims, a human rights violation 15:07

    Entertainment:
    Geri Horner has posted a sweet birthday message to her son on Instagram 15:00

    Law and Order:
    A public appeal for help -- to find a very special tricycle stolen from outside a Brain Injury Trust in Christchurch 14:57

    Entertainment:
    Cardi B says a "dentist appointment" stopped her from performing 'WAP' at the Presidential Inauguration 14:30

    Rugby:
    Sad news for the North Harbour Rugby community 14:07


     News Search






    Power Search


    © 2021 New Zealand City Ltd