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 March 2013

Top story

EUTR blamed for move away from Chinese MLH plywood

The plywood market has already been significantly affected by the EU Timber Regulation which came into effect on March 3, 2013.
Prior to March 3 there was an increase in imports of Chinese mixed light hardwood plywood. UK stocks of this lower-priced plywood are now very high at a time when demand from the construction sector is slow.
Following the surge in imports of Chinese plywood at the end of 2012 few new orders are being placed with Chinese suppliers.

Also in this issue

  • Cameroon bans export of boules and ‘clean-sawn’ timber
  • Debate rages in Indonesia on forest concession moratorium
  • Strong demand in India for imported teak despite quality issues
  • Japan’s consumer confidence improves but still indicates ‘pessimism’
  • Shortage of softwood plywood in Japan
  • Alarm in US and China over plywood countervailing duties
  • Could the EUTR improve competitiveness of tropical plywood manufacturers?
  • Walmart pledges to buy more US-made furniture

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