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 August 2014

Top story

Indonesia’s APHI calls for lifting ban on log exports

The Indonesian Forest Concessionaires Association (APHI) is appealing to the new government to allow the export of logs.
 
The chairman of APHI, Nana Suparna, said that because of the log export ban log prices in the domestic market have fallen and that the current price of logs is only half the price of tropical logs in international markets.
 
Indonesia became a major log exporter when, as a result of a deal with the IMF, log export taxes were reduced but poor law enforcement resulted in excessive logging resulting in a ban on log exports in 2001.

Also in this issue

  • Boost to US investments in Africa
     
  • Malaysia mulls use of drones to detect illegal forest clearing
     
  • Indonesia industry says log export ban distorts prices
     
  • US eases sanctions on Myanmar - door opens for timber imports
     
  • Indian importers demanding cash payments for Myanmar teak as stocks fall
     
  • Japan’s June housing starts – better than forecast
     
  • China tightens standards on formaldehyde
     
  • EC puts member states on notice to toughen up EUTR enforcement
     
  • Changing wood product use in N. American housing markets

Data snapshot

Ever smaller plantation teak log



Photo: R. Somaiya


 

For the past 25 years India has been a major importer of teak logs from plantations in Africa and Central and South America.
 
The supply of teak logs from plantations in Africa is falling and Indian end-users are faced with using young plantation teak log thinnings (ranging in age from 6 to 15 years old) but have noticed that imported log parcels now have a higher proportion of small diameter ‘thinning poles’ than previously and this has resulted in lower minimum prices for log parcels.

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