Log Price Outlook - November
Log price outlooks issued in August predicted low prices for unpruned logs until November. Although prices are still low, the outlook was conservative and prices are currently trading above most people’s expectations. The log price outlook accurately predicted log prices one month ahead in all three instances (depicted by green circles in the graph below). Pruned log prices remain flat, as predicted in August.
The next log price outlook is running from 16 – 29 November 2015. To participate in the November log price outlook, click on the link - https://www.surveymonkey.com/r/LPO-NOV2015
Participation is confidential and the November outlook will be distributed exclusively to all participants in early December. For more information contact: carel.bezuidenhout@scionresearch.com