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

02 Apr: A man's due in the Hutt Valley District Court today - after allegedly driving into three Police cars and one belonging to a member of the public in Epuni yesterday evening

01 Apr: A proposed pedestrian crossing's become a bit of a joke - after disagreement between two Christchurch community boards

01 Apr: The friendship between Formula One drivers Liam Lawson and Yuki Tsunoda has been momentarily parked after their switching of seats between the Red Bull and Racing Bulls arms of the business

29 Mar: A grass fire's broken out on Auckland's State Highway one's southern motorway

28 Mar: Positivity about Liam Lawson's future in Formula One ... from a Kiwi motorsport identity

28 Mar: Liam Lawson has made a first official comment - via social media - after his Formula One team demotion from Red Bull to Racing Bulls

28 Mar: A 20-year-old man is due in court today on a careless driving charge, over Monday's crash at Auckland University

Top Stories

RUGBY
Blues number eight Hoskins Sotutu is putting any All Blacks test aspirations on hold as he prioritises reviving his Super Rugby side's one-win-five-loss start to the season More...

BUSINESS
Dairy prices have risen another 1.1 percent at this morning's Global Dairy Trade auction More...

Today's News

Rugby:
Blues number eight Hoskins Sotutu is putting any All Blacks test aspirations on hold as he prioritises reviving his Super Rugby side's one-win-five-loss start to the season 8:07

Law and Order:
US attorney-general orders prosecutors to seek death penalty for Luigi Mangione 8:07

National:
Trump’s ‘Liberation Day’: why the US is on a war footing over tariffs and mass deportations 8:07

Auckland:
Two people are injured -- one critically -- after a crash north-west of Auckland, on Old North Road, at Waimauku 8:07

Law and Order:
The US Justice Department's seeking the death penalty, if Luigi Mangione is found guilty 7:57

Environment:
In a moment to show leadership, Myanmar's junta chief drops bombs and shuts out journalists 7:57

Politics:
Health New Zealand's seeking feedback on improving services for terminally ill children - after revelations of a major workforce gap 7:57

Entertainment:
Richard Chamberlain has died at the age of 90 7:48

Rugby League:
A couple of key returns for NRL league teams in round five 7:47

Law and Order:
A man's due in the Hutt Valley District Court today - after allegedly driving into three Police cars and one belonging to a member of the public in Epuni yesterday evening 7:37

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