1. If log prices drop, owners can put off harvesting trees. 2. Recent negotiations in Korea indicate log prices may now have bottomed as well, the chief executive said. 3. Recent negotiations in Korea indicate log prices may now have bottomed, Faraci said. 4. Strong log prices worldwide have seen a surge in logs exported unprocessed. 5. The drop in log prices was because of oversupply, mainly a large inventory of fir on the U.S. west coast. 6. But the report says the long-term forecast is positive because the Japanese economy is expected to improve and log prices may start to rise later this year. 7. Among the business groups, forest and wood products gained from a short-term uplift in log prices in North Asia. 8. Brokers are expecting a better-than-expected profit based an improvement in log prices and domestic demand. 9. But it said the long-term forecast was positive, as the Japanese economy was expected to improve and log prices may start to rise later this year. 10. The company said export log prices were flat, remaining well below last year. |