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 July 2015

Top story

JLIA to maintain focus on securing verified legal wood products

The Japan Lumber Importers Association elected Mr. Satoru Yasuda as the Association new chairman.
 
In accepting the post the new chairman said the focus in his term in office will be to maintain the system to ensure the consumption of only legal wood products.
 
The Association will continue requiring wood product suppliers to supply verified legal products. Mr. Yasuda is currently Managing Director of Sojitz Building Materials Corporation.

Also in this issue

  • Luxury apartment segment driving demand for high value W. African veneers
  • Ghana Association appeals for elimination of duties on imported sawnwood
  • Sabah Association calls for ban on log exports 
  • Revised minimum wage proposed in Myanmar
  • Japan’s housing starts rise but prospects uncertain as construction orders fall
  • From Yiwu, Zhejiang Province to Madrid in 21 days
  • African tropical timber a success in the EU

Data snapshot

Improved volume of transport signals US economic stability



 

The US Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 0.8 percent in May from April. The May 2015 index level  was 29.6% above the April 2009 low during the most recent recession.
 
The Freight TSI measures the month-to-month changes in freight shipments by mode of transportation in tons and ton-miles, which are combined into one index. The steady increase in the TSI mirrors the growing stability of the US economy.
 
See press release: http://www.rita.dot.gov/bts/press_releases/bts032_15
 

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