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 December 2011

Top story

Guangdong Province links investment in processing to investment in raw material supply 

Guangdong Province is implementing regulations requiring that investment in primary processing timber enterprises must be backed by a feasibility study on raw material supply.

New enterprises which have an annual production capacity of over 10,000 cu.m can only be established after a forest inventory and planning process has been completed.

New primary processing industries with an annual production capacity of over 30,000 cu.m are required to include provision for the establishment of forest resources which can supply at least 50% of their raw material requirements.


Also in this issue

  • W. African producers track demand trends to avoid over-production
  • Ghana’s exports to the US boosted by African Growth and Opportunity Act
  • Indonesian exporters urge greater investment in timber export promotion
  • Bright long term prospects for wood product manufacturers 
  • Bearish sentiment in Japan caps log prices
  • Challenging European market for tropical hardwood plywood
  • Wood products continue to lead in manufacturing growth in the US

Data snapshot


Main log suppliers to India


Although the growth in India’s softwood log imports is impressive most of the imports of logs are of hardwoods. High forest teak logs are imported from Myanmar and plantation teak logs come from various African and Central and South American countries.
India’s imports non-teak hardwoods and the country's impact on the Asian hardwood log market has been growing rapidly.
Experience shows that countries with high per capita GDP consume relatively more processed wood products. India’s current per capita consumption of is low but as incomes rise demand for wood products will also expand.
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