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.



16-31 May 2015

Top story

Recovery in EU tropical wood imports

The EU imported tropical wood products worth €517 million in the first three months of this year, a healthy increase of 20.9% compared to the same period in 2014. This strong performance should to be viewed against the weak 2014 imports.
Nevertheless, the volume of EU imports of tropical wood products also rose alongside the value of imports.
Recovery in European trade in tropical timber is becoming more resilient and extends to a wide range of products and market sectors.

Also in this issue

  • Hundreds of timber company bank accounts frozen in Sarawak
  • IKEA to secure more furniture in Indonesia
  • Improved tropical wood product exports from Brazil
  • More land to be made available for housing in Peru
  • Sustainable Green Ecosystem Council in Japan seeks PEFC recognition                                  
  • China’s US$7 billion overseas investments
  • Lacey Act enforcement threatens US hardwood flooring retailer

Data snapshot

Encouraging US housing sales

Source: U.S. Census Bureau and the Department of Housing and Urban Development

ISales of new single-family houses in April 2015 were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. 
This is 6.8 percent above the revised March rate of 484,000 and is 26 percent above that in April 2014.

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