Recent Posts

New Zealand export log prices edge up in November; Chinese demand remains weak

New Zealand export log prices edged up in November although demand from China, the country’s largest market, is likely to remain subdued until the second quarter of next year. The average wharf gate price for New Zealand A-grade logs rose to $98.1 a tonne, from a revised $96.3 a tonne in October, according to Agrifax’s monthly survey of exporters, forest …

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NZX signs MOU with freshly-licensed Bank of China

NZX, New Zealand’s stock market operator, has signed a memorandum of understanding with the Bank of China to develop financial products, with a focus on the agricultural sector and capital markets. The deal will see the stock market operator and one of China largest state-owned commercial banks develop and promote products to both New Zealand and Chinese customers, the Wellington-based company said in a …

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A2 Milk changes Chinese supply approach for infant formula

A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will take over the distribution in Asia’s largest economy. Under the deal, CSF will exclusively import the infant formula and provide government relations and advice, while the Auckland-based company will takeover distribution in China and expand its network, a2 …

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