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.



16-30 September 2010

Top story

Indonesia tightens controls to identify illegally harvested timber

At the beginning of September, the Indonesian government strengthened measures to ensure only timber and timber products with proper documentationproving legality are exported. Any timber or timber products not supported by appropriate documentation are immediately considered as illegally harvested. Indonesia will apply a system called the TimberLegality Verification System (SVLK) to track and monitor output from industrial forest concessions(HTI), production forest concessions (HPH) and community plantation forests (HTR).The system is said to satisfy European Union legislation designed to remove illegal wood from European trade. According to the EU requirements, timber tracking and due diligence systems are due to befully effective by 2013.
(see details on page 5)

Also in this issue

  • Gabon begins construction of Free Trade Zone
  • Second quarter wood product contracts fall in Ghana
  • Sarawak concerns over expansion of the Red List
  • Asian Free Trade Agreements facilitating exports from Myanmar
  • Major challenges of timber industry in Pará
  • Free Trade Agreement between Peru and Republic of Korea
  • Guyana log export policy
  • Wood composite flooring imports in Japan pick up
  • Europe offers little prospect of improved hardwood plywood demand
  • European demand for African sawnwood still subdued
  • US tropical timber imports

Data Snapshot

Standing wood stock and industrial wood consumption in Japan



The standing wood stock in Japan has been growing over the past few decades. The government of Japan is about to introducea law promoting the use of domestically grown timber in public buildings so as to increase the use of domestic forest resources. The law is due to come into effect on 1 October 2010.
Japan’s declining housing starts have had a negative impact on wood and timber product imports while domestic timber production has been steady over the past ten years. The new law is expected to bring new business opportunities for both domestic and imported timber products as increasing wood use in public buildings requires development of new specifications and some changes to the building standards.

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