New Zealand log prices soften slightly in January as markets show mixed signals

Log harvesting activity in New Zealand returned to normal levels after the summer holiday period, with current sales and short-term market conditions broadly described as stable. While export markets remain uneven, domestic demand has provided support at the start of 2026. The domestic market has led activity in early January, with a number of sawmill operators reporting reasonable order books. Market contacts point to increased enquiry levels and higher volumes of customer interaction, which are being interpreted as early signs of improving housing starts and light construction activity later in the year. Compared with 2025, expectations for 2026 ...