New Zealand forestry keeps its footing as log market shrugs off global noise

 New Zealand’s forestry sector is ticking along with little drama so far this year, even as the wider global economy continues to send mixed signals. February passed without much movement, extending a stretch of steady conditions that feels almost out of character for a market better known for its swings. For now, expectations are modest — more of the same rather than any sharp turn. The usual Lunar New Year nerves in China were largely absent. Port inventories were already low heading into the holiday, and early indications suggest restocking will be measured rather than aggressive. No ...