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 October 2013

Top story

No significant improvement in US furniture
retail sales

Year-to-date furniture orders were 4% higher in June that at the same time in 2012, according to a monthly survey of US furniture manufacturers.

But the latest retail sales figures from the US Census Bureau are less encouraging than the data on manufacturing and imports.

 

 

Also in this issue

  • New product standards in Indonesia expected to boost trade          
     
  • One million ton of logs awaiting shipment in Myanmar
     
  • Environmental brigade of Brazilian military police tackle illegal logging
     
  • Consumer confidence in Japan jumps to new heights
     
  • New JAS specifications on plywood
     
  • Early signs of economic improvement in Europe
     
  • New report indicates long term decline in European construction
     
  • US home builders’ confidence up despite slow growth in construction

Data snapshot

 

Planted forest area brazil eucalyptus pine SFM

 

2013 housing starts in Japan are steaming ahead. Analysts say that behind the steady growth is the ease at which low fixed rate interest mortgages can be obtained and concern on the part of buyers that house prices, after a decade of almost uninterrupted declines, will not fall any further.
 
Housing starts in three tsunami damaged prefectures continues to be high. The pace of increase in Iwate Prefecture was 54% more than August last year; Fukushima 57% more while in Miyagi housing starts were down on levels in August because a large part of the lost housing stock has been replaced.

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