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 September 2007

Top story

New Brazilian forest concessions will boost certified wood by 50%

Folha de Sao Paulo reported on the federal government’s announcement to approve the first forest concessions in the Northern State of Rondônia. The first concessions for wood production in Amazonian public reserves will begin in 2008 within the Jamari National Forest, an area of 90,000 hectares. The concessions will support the solid wood sector, which accounts for an annual revenue of USD2.5 billion.

The operations will aim to protect 10% of the forest and generate income. The concessions will also likely increase the volume of certified (FSC) timber into the market. Currently, certified forests represent less than 5% of the total forest area. It is estimated that forest concessions and the ecological zones will increase the volume of certified wood from the region to 50%.


Also in this issue

  • Ghana log prices hold steady through September
  • EU to assist Ghanaian communities in combating illegal logging
  • Malaysia amends National Forestry Act to tighten legality provisions
  • LEI leads ventures on certified timber and handicrafts
  • Protests in Rangoon escalate tensions in Myanmar
  • New Brazilian concessions will boost certified wood by 50%
  • Exports of Brazilian wood products show modest growth
  • Peru wood products and furniture exports rise
  • Agreement reached on forestry aspects of US-Peru FTA
  • Fukuda elected as new Japanese Prime Minister
  • Japanese demand for plywood remains flat
  • China prohibits five kinds of forest industries
  • Chinese furniture exports expected to top USD20 billion
  • German timber industry sales jump 9.5%
  • Optimism of UK timber traders waning
  • US Federal Reserve cuts rates by 50 points

Data snapshot

Export Value of Peru Wood Prodcuts, Jan. - July

snapshot20070916.gif

From January to July 2007, Peru’s wood sector exports rose 5.51% by value, rising from USD120.3 million to USD114.0 million. In July 2007, however, exports fell USD3.1 million compared to those for July 2006. Items with the highest volume exported in January to July 20007 were semi-manufactured products and furniture and its components

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