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 April 2015

Top story

Japanese SMEs increasingly looking to international markets as domestic demand wanes

The Japan External Trade Organization (JETRO) conducted a survey of domestic firms engaged in exports of agricultural, forestry, fishery and food products.
 
Most respondents reported placing more emphasis on exports but face challenges in trade with China the US, South Korea, the EU and Taiwan P.o.C. largely because of a lack of information regarding consumer trends and on the business background of prospective importers.

Also in this issue

  • Ringgit depreciation positive for Malaysian exporters
  • Indonesia to host forest investment summit
  • Plywood price discounts likely in the face of dull Indian housing demand
  • Sharp decline in Brazil’s international furniture exports
  • Japan’s widely divergent land price trends to be addressed                       
  • China implements a national timber tracking system
  • More positive attitudes to tropical timber in Europe
  • Outlook for US cabinet market improves

Data snapshot

US housing strats trending upwards



 

Winter storms delay home builders in the US Midwest
 
Housing starts fell by 2% in January mainly due to a 22% decline in construction in the Midwest.  Severe winter weather in the Midwest and other areas of the country are mainly to blame for the slowdown in construction.
 
Existing-home sales declined in January to their lowest rate in nine months, according to the National Association of Realtors but home prices continued to rise above the pace of inflation. 

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