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 2011

Top story

Surging EU imports of plywood from Russia

EU hardwood plywood imports in the second quarter of 2011 surged 12% on the previous quarter and up 9% on the same quarter of last year.
Most of the increase in hardwood plywood imports consisted of birch plywood from Russia which rose 23% from the same period last year.
EU imports of hardwood plywood from China were also up however, on a quarterly basis, imports from China have been slipping since reaching a peak in the third quarter of 2010.
EU imports of hardwood plywood from the major tropical producers have continued to decline this year. 

Also in this issue

  • MTIB reassesses 2011 timber sector forecasts
  • UK welcomes Indonesia’s signing of VPA
  • Gandhidham emerges as a wood manufacturing hub
  • August data shows broad based decline in Brazil’s exports
  • Structural plywood prices in Japan undergo correction
  • Chinese importers brace for Lithuanian export duty on logs
  • Malaysia and Indonesia increase hardwood flooring shipments to US market

Data snapshot

OECD composite leading indicators signal widespread slowdown in economic activity

Composite leading indicators (CLIs) designed to anticipate turning points in economic activity relative to trend, continue pointing to a slowdown in activity in most OECD countries and major non-member economies.

Compared to earlier assessments the CLIs for Canada, France, Germany, Italy, the United Kingdom, Brazil, China and India are pointing more strongly to a slowdown in economic activity. 

The CLIs for the United States and Russia are now also pointing more clearly to a slowdown in economic activity than in last month’s assessment. The outlook for Japan continues to indicate a potential turning-point in economic activity.

Slowdown in the OECD area
Slowdown in the OECD area



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