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 June 2013

Top story

Preliminary US anti-dumping duties on plywood imports from China

Tropical timber markets are at risk because the The US Department of Commerce announced on April 30 the preliminary anti-dumping duties on decorative plywood imports from China.
These duties were to come into effect on July 17 but, because two of the affected companies requested the postponement of the deadline the entry into force was delayed to allow for further investigation.
Those investigations have been concluded and the duties will come into effect in July. Plywood from China has an estimated 30% market share in the US. 

Also in this issue

  • VPA implementation in Cameroon gets a positive review   
  • Malaysian Timber Council brochure sets out scope of MYTLAS  
  • No decision yet on Indonesian plantation log exports      
  • Teak prices climb in advance of Myanmar log export ban    
  • Study assesses effects of EUTR on industry in India
  • Phytosanitary regulations reviewed in Brazil to facilitate log exports to China

Data snapshot


Planted forest area brazil eucalyptus pine SFM

The depreciation in the yen has greatly affected China's exports to Japan. By mid May the accumulated appreciation of the yuan against the dollar was around 2% but the yuan had strengthened by more than 5% against the yen.
The continued appreciation of the yuan is seriously affecting Chinese exporters and causing them to focus on short-term business arrangements instead of longer-term business developments.The challenges in the export market from very volatile exchange rates are now a threat to the survival of many small and medium sized business in China




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