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 November 2013

Top story

No US anti-dumping duties on plywood from China

The US International Trade Commission ruled in early November that there is not enough evidence of injury to the US plywood industry from imported Chinese plywood.
 
The unanimous ruling overturns the Commission’s preliminary determination of injury in 2012.
 
The final countervailing and antidumping duties that were announced in September will not be imposed.

 

Also in this issue

  • Success in Middle East inspires W. African producers to consider new Asian markets
     
  • ​Massive jump in log shipments from Myanmar as Indian buyers return
     
  • ABIMCI launches Brazilian timber sector report
     
  • Fragile consumer confidence undermines prospects for growth in Japan 
     
  • Land purchases by Chinese developers slip for first time in nine months
     
  • Declining EU wooden furniture imports during 2013
     
  • US wooden furniture imports from Mexico and Indonesia increase

ITTO’s 2013 Annual Market Discussion

 

The ITTO Annual Market Discussion will be held during the 2013 International Tropical Timber Council, 25-29 November in Libreville, Gabon.
 
This event is arranged by the ITTO Trade Advisory Group and will address the experiences of exporters and importers in meeting demands for proof of legality.
 
This years’ Market Discussion will bring together tropical timber producers, importers and trade analysts from Brazil, Indonesia, France, Côte d’Ivoire, Ghana and the UK to discuss, amongst others issues, some of the statements made by the trade:

 

  • all cost and no benefit   -  my export costs have already gone up by 5 percent and I expect this to increase when we eventually ship FLEGT licensed timber

  • the tough new legality regulations has opened the eyes of exporters to opportunities in less demanding markets

  • shifting goal posts….after investing heavily in certification we now find this is not enough for the EUTR

  • we are a small company dealing in a wide range of exotic tropical woods, we used to import directly but find the paperwork needed to meet the EUTR just too much…  now we buy through large importers but this adds to our costs so undermines our competitiveness

 

 

 


 
 

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