New Zealand seeks growth in Indian log market as China demand falters

A sharp drop in Chinese demand for New Zealand logs is prompting the country’s exporters to shift their focus toward India, a fast-growing market that may help reduce reliance on a single trade partner. New Zealand’s sawmills have been operating at reduced capacity in recent months, resulting in a notable decline in log inventories and sparking concerns about potential supply shortages. Meanwhile, global market uncertainty and geopolitical tensions have dampened New Zealand timber exports to key destinations including the U.S., Europe, and Asia. China, New Zealand’s largest log export market, is also showing ...