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 January 2013

Top story

V-Legal/FLEGT test shipment conducted by Indonesia

Indonesia has a Voluntary Partnership Agreement with the European Union and has legislated for a Timber Legality Assurance Scheme (TLAS). Indonesian exporters who meet the requirements of the strict legality verification standards in the TLAS can secure a FLEGT licence to satisfy the requirements of the EU Timber Regulation (EUTR).
 
In order to be fully ready for the EUTR the Indonesian Ministry of Forestry, in cooperation with other Ministries, stakeholders and industry successfully conducted a test shipment from Indonesia to some EU member states of products for which V-Legal documents/ FLEGT-license are mandatory.
 

 


Also in this issue

  • Ghana timber sector operating well below capacity
     
  • Malaysian industry raises concerns on new minimum wage
     
  • Indonesian legality verification system enters into force
     
  • Myanmar plans log export ban
     
  • Brazilian furniture Sector set to expand 2013
     
  • Plywood inventories in Japan remain tight
     
  • Chinese association Pilots work  on legality verification
     
  • European plywood market undergoing rapid change
     
  • Release of US plywood dumping investigation postponed
We are delighted to once again bring to the tropical timber trade our Tropical Timber Market Report (TTMR), an output of the Market Information Service (MIS).

At its 48th Session the International Tropical Timber Council (ITTC) decided to reinstate funding for the MIS in the Organization’s administrative budget thereby providing a more secure and sustainable funding source for this flagship ITTO publication.

This re-launch of the TTMR has been readily supported by trade analysts and commentators who, over the years, have been providing news and commentary for the bi-monthly TTMR, thank you all.

The suspension of the TTMR in 2011 has meant that there is now a twelve month gap in ITTO’s price database. Over the coming months we will rebuild the database and by mid-year we should be in a position to include price trend indices in the TTMR, a feature of previous reports.  

ITTO would like to express its thanks to the ITTC, ITTO members the Trade Advisory Group, readers, company executives and consultants  who have in one way or the other contributed to the re-launch of the TTMR under the MIS.

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