Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.


 

 

1-15 February 2017

Top story

Industry concerned over revised timber transport control system

Businesses in Brazil are concerned that the new timber transport control system requires on-line, real-time input of very detailed data.
 
This will require access in the forest to high-speed internet services and will require that a technician be permanently logged into the system to upload the necessary data.
 
Satisfying the new requirement will be a huge challenge says Brazilian companies.
 
 


Also in this issue

  • Will they or not – rumours of 20% log export  tax in Cameroon
  • Shop-fitting and home renovations the growth areas in South African market
  • Indonesian furniture businesses relieved that TPP is doomed
  • Stock of unsold homes weighing on Indian construction firms
  • Risk of yen fluctuations drives down size of Japan’s orders for imported plywood
  • Indonesia makes big impact at IMM Furniture Fair
  • Strong opposition from US companies to border tax idea                              


Data snapshot

Up and up – trend in apartment construction in urban Japan



 

Almost all banks in Japan have campaigns promoting loans for home building and these are being taken up by people who see home rentals as a way to put otherwise stagnant cash to work. During 2016 there was a steady upward trend in apartment construction whereas residential home growth was more erratic
With rents falling in urban Japan because of a surge in construction of apartments the Bank of Japan may have run into yet another obstacle in its quest to achieve a 2% inflation rate.
 

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