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.



16-31 July 2009

Top story

MDF duties create challenges for importers

The Government of India has provisionally imposed anti-dumping duties on all imports of plain MDF boards of 6.0 mm and up thickness. Imports are mostly from Malaysia, Thailand, New Zealand, Sri Lanka, and China. India has three factories manufacturing MDF boards mostly producing 6.0 mm and above thickness. Local production was reported to be about 100,000 m³ of which imports were 98,602 m³. Investigations by government had shown that local industry was not able to compete with imported quality because many local factories had old technology in place. The plant size of local factories is also much smaller compared to the modern factories of other countries. Due to significant increase in demand for plain MDF in the country and with expectations of increasing profits, some producers are also planning to establish new factories in India.

Hardwood exports improve to India

The teak market is reported to be improving in India. Other markets areas also show some signs of recovery, though somewhat slight. Most analysts are cautious and say it would be premature to make optimistic projections at this juncture. The pyinkado market is also reported to be good in India and Vietnam, judging by Myanmar’s shipments to these countries. In contrast, padauk and tamalan is generally shipped to China and Japan. Availability of these species is limited and therefore prices are usually competitive

Also in this issue

  • European trade reps applaud Malaysia’s timber industry

  • Malaysia’s prices continue to fall 

  • Myanmar’s exports improve to India 

  • Furniture sales plummet in northern Mato Grosso 

  • INPA study points to overexploitation of Brazil’s commercial species 

  • Peru to contribute USD43 million to forest conservation 

  • Bolivia to coordinate Business Roundtable at WFC  

  • Guyana’s FPDMC to implement new work plan 
  • Japan’s plywood imports and housing starts continue to slow

  • Value of China’s wood products outputs jumps in 2008 

  • G8 signal strong support for REDD and SFM initiatives  

  • North American hardwood flooring market expected to remain quiet  


Data snapshot

In May 2009, Japan’s plywood imports fell 40.7% by volume from the same month in 2008 (Figure 1), reported Japan Lumber Reports (JLR). Housing starts in May were 30.8% less than the same month of 2008 (Figure 2), with wood-based units making up 53% of total units.



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