Waitomo Group Chief Executive Simon Parham says global supply is increasing, while demand is decreasing.

He says prices are going to hover about where they are, creating a period of good value for Kiwi consumers.

>> More Motoring News

Other Motoring News

12 Mar: Oscar Piastri hoping for fast start to F1 title challenge in Melbourne at Australian Grand Prix

10 Mar: The Transport Minister says the Northland Expressway is a great investment opportunity

10 Mar: Shane van Gisbergen has been involved in a multiple nose-to-tail incident at the latest Nascar event at Phoenix raceway

10 Mar: Another trial to increase on-street parking near Christchurch Hospital is set to begin

10 Mar: A sprint car driver is in a serious condition in Auckland's Middlemore Hospital, after a crash during a Christchurch race meeting

06 Mar: Northland Regional Council has diverted a bus route in Whangarei after issues with rock throwing

06 Mar: The Wellington Phoenix are coming to terms with the long road ahead in attempts to salvage a dwindling A-League men's football season

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Today's News

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Law and Order:
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Business:
Briscoe Group's revenue has stayed virtually flat - with profit taking a hit 16:17

Motoring:
Oscar Piastri hoping for fast start to F1 title challenge in Melbourne at Australian Grand Prix 16:07

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Entertainment:
Eoghan Quigg has married Amy Campbell in a Las Vegas wedding 14:21

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