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 2010

Top story

Clarification on Gabon log ban

At a recent meeting with Gabon’s Minister for Forests, executives of the country’s timber industries were advised of the official position concerning the ban on the export of logs.

The meeting was told that the ban is irrevocable.

An estimated 500,000 to 600,000 cubic metres of logs are already on the ground in the forest, in the industry log depots and being transported by rail and road. The industry was advised that logs already at the port and in storage yards (rail storage and SEPBG storage yards) can be exported immediately by industry to fulfill existing contract commitments.

Other log stocks can be exported, but only through the State agency SNBG and not directly by the industry.

The reports available indicate that existing log stocks must be exported before 30th April 2010, after that date all log exports are banned.



Also in this issue

  • Clarification on Gabon log ban
  • Malaysia progresses with VPA
  • Plywood push in India
  • Call for lower import duties
  • Brazil’s timber industry on recovery path
  • Sawnwood export quotas - 2010
  • Prospects for garden furniture in EU
  • EU Due diligence legislation
  • US and Canada construction trends

Data snapshot

India’s demand for wood

snapshot1_20100201.jpg

India is a net importer of wood and wood-based panel products. Total industrial consumption of wood in 2000 was an estimated 58 million cubic metres and demand is expected to rise to 153 million cubic metres by 2020. Most timber imports into India are in an unprocessed form, mainly logs. Imports of timber and timber products increased substantially from 2.45 million cubic m in 2001 to 16.7 million cubic m in 2008. The main sources of wood products are Gabon, Indonesia, Ivory Coast, Malaysia, Myanmar, Nigeria, Togo, Brazil and New Zealand. The main ports handling wood products are: Kandla, Mangalore, Tuticorin, Mumbai, Kolkata, Chennai and Vishakapatnam. http://www.vibrantgujarat.com


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