Looking at how small some of the IST tendered logs are, I thought I’d create a chart showing average sold log volume.
For some context to this chart, the target plantation blackwood log is 1.5 cubic metres in volume (DBH 60 cm pruned to 6 metres).
So you can see from the above chart that IST sold logs are pretty small. In fact given that the chart shows the average volume, some of them are downright tiny (less than 0.1cubic metres).
That these small logs can command such high prices is quite extraordinary.
I’ll include this chart in future reports.