New Zealand’s forestry industry is under growing pressure as global trade instability and oversupply weigh on log prices, despite a temporary exemption from US tariffs on timber and lumber products. China continues to show strong demand for New Zealand softwood logs, particularly Pinus radiata, a species favored in furniture manufacturing due to its versatility. Daily off-port uptake reached around 70,000 cubic meters in late March, yet inventories at Chinese ports remain stubbornly high, just under 4 million cubic meters. The seasonal spike in March supply—when many log vessels leave New Zealand—coincided with market ...