1-15 January 2018

Top story

Japanese government policy on the TPP

The Japanese government has released details of its policy in relation to the TPP (now termed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership). The Japan Lumber Reports (JLR) says that the government will allocate yen 29 billion for strengthening the plywood and lumber industries. The budget will also provide support for domestic log production and logging road maintenance. The aim is to strengthen the international competitiveness of the plywood, lumber and laminated timber sectors through bringing down domestic log producing costs and raising productivity. 

Also in this issue

  • W. African producers resigned to weaker demand in EU markets
  • Financial stimulus package for distressed Ghanaian companies
  • Greater transparency the key to revive markets for Myanmar teak        
  • Indian industry challenges Customs Department minimum price for imported teak
  • IBAMA's ‘Operation Maravalha’ – a logistic and physical challenge
  • China ends volume checks on imported timber
  • Global furniture production dominated by China



Data snapshot

Myanmar teak log sales by grade in 2017

Data source: MTE, Myanmar

Teak logs from the natural forests of Myanmar are sold by grade with SG7 being the lowest of the sawmill grades. Top quality logs suitable for veneer production make up a very small proportion of the total. Log grading in Myanmar has a long history going back to 1939 when M.M. Gallant, a Forest Economist serving in the then Burma, defined the “Classification of Teak Logs” to replace the previous system called the “Standard for Jungle Rejection”. Teak logs originating from different areas in the country even of the same grade are valued differently and buyers are very conscious of which part of the country the logs originate. For more see: http://www.baliteakfarms.com/the-teak-log-grading-in-burma-myanmar.html .