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 November 2011

Top story

Sliding rupee set to alter timber trade performance

With the Indian rupee now at Rs.52 to the US dollar imports have become more expensive and are set to decline.
Analysts report that the timber industry has adopted a cautious approach to new contracts and that they are seeking the understanding of their suppliers.
However, the weakening currency is a blessing to exporters who have had to live with a strong rupee for much of this year. 


Also in this issue

  • Weakening Indian rupee affecting sales of Myanmar’s Pyinkado
    Policy changes to promote competitiveness of Brazilian furniture sector
  • Japan’s Forestry Agency assess impact on timber sector of joining TTP
  • European furniture consumption weakening in 2011 after rising in 2010
  • Strong Mahogany use in furniture at US ‘High Point Market’
  • China’s share in plywood imports declined in September

Data snapshot


UK Consumer Confidence Index


Expectations that residential property prices will continue falling in Australia are having an effect on the real estate market, according to a new survey.

The Commonwealth Bank/Mortgage and Finance Association of Australia (MFAA) have reported that the number of people planning to buy a home in the next 12 months had fallen in September.

This, says the report, is because prospective buyers are anticipating even lower house prices in the next quarter.

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