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 September 2011

Top story

Critical log shortage affecting Indian panel industries 

Chronic raw material shortages for Indian wood based panel industries has resulted in many plants having to run well below capacity. Two strategies are being considered to bridge the gap between demand and supply of raw materials.

The first focuses on the development of technologies for more efficient utilization, the second on exploring options for companies to quickly establish plantations of fast growing species.

Options being considered by the composite board sector include greater use of non-wood renewable fibres such as bamboo and agro-residues like such as bagasse, coir, rice husks and jute, wheat and rice straw.

Also in this issue

  • Supply of export quality African logs barely adequate to meet demand from China and India
  • Malaysia’s exports of furniture and other wood products fall
  • Indonesian wooden furniture moving up-market in Australia
  • Tax exemption for value-added wood and forest products in Myanmar
  • Guyana’s log export policy under review
  • Sharp correction in wholesale prices of tropical hardwood logs in Japan
  • Diversification in Europe’s wood product imports
  • Americans spending less on home improvements

Data snapshot

The Logistics Performance Index (LPI)

The capacity of countries to efficiently move goods and connect manufacturers and consumers with international markets is improving around the world, but much more is needed to spur faster economic growth and help firms benefit from trade recovery, according to a new World Bank Group survey on trade logistics.

Planted forest area brazil eucalyptus pine SFM

Source, World Bank
The following countries are not included in the index, Suriname, Trinidad and Tobago, Venezuela, CAR, Egypt and Guatemala.

The Logistics Performance Index (LPI) is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance – the LPI 2010 allow for comparisons across 155 countries.
The LPI is the weighted average of the country scores on six key dimensions namely:

  • efficiency of the clearance process (i.e. speed, simplicity and predictability of formalities) by border control agencies, including Customs;
  • quality of trade and transport related infrastructure (e.g. ports, railroads, roads, information technology)
  • ease of arranging competitively priced shipments
  • competence and quality of logistics services (e.g., transport operators, customs brokers)
  • ability to track and trace consignments

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