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 April 2014

Top story

Revival of tropical hardwood market
promotion in Europe

A 'Sustainable Tropical Timber Coalition' (STTC) was launched in the European Union last year.

The aim of STTC is: 

"to accelerate demand for certified or licensed timber from sustainably managed tropical forests to the tipping point of 30% and to put a halt to declining use of tropical timber in front-running countries in the EU, through creating momentum in legality and sustainability efforts."



Also in this issue

  • Delayed reimbursement of VAT hurting timber companies in Gabon
  • Fears that Korea may reintroduce anti-dumping duties on Malaysian plywood
  • Costs and shortage of assessors hindering SVLK implementation in Indonesia
  • Record prices paid for 500 year old Indian rosewood
  • Amazon native species for Brazilian plantations
  • Japanese business leaders urge agreement on TPP
  • Housing investment in China cools in first quarter
  • Thermally treated US hardwoods marketed as tropical hardwood substitute

Data snapshot

Amazon native species for plantations

Photo credit: STCP

A native Amazon tree species, called cuiabano pine, guapuruvu or paricá (Shizolobium amazonicum), is gaining acceptance as a plantation timber in the state of Mato Grosso. 
It is easily cultivated, yielding 600 cubic metres of wood per hectare after 10 years.
Paricá grows for around seven years without producing side branches resulting in a knot free bole. The wood is odourless, straw-colored, soft and light (density 0.32 to 0.39 g/cm3, increasing with age). Formerly used for dugout canoes, it is now used for a wide range of end-uses.

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