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 October 2015

Top story

Golden waterway for trade – new Artic shipping service

COSCO, one of China’s state owned shipping companies has announced it will introduce regular shipping services via an Arctic route to Europe. The company has tested the feasibility for this new route by twice sailing a vessel through the north east passage
 
This route results in a 30% saving on sailing time as well as a fuel saving since the route is 2,800 nautical miles less than the alternative.
 

Also in this issue

  • Opportunities in India for African timbers
  • Open season in Myanmar for smugglers              
  • Brazil needs to increase domestic use of wood says ABIMCI
  • Peru’s Agrobanco launches loan scheme for plantations and agroforestry
  • Poor September housing results in Japan
  • Competitiveness of African wood in domestic and EU markets
  • Industrialists ask -Is EUTR helping address the illegal trade or just undermining the value chain?
 

Data snapshot

Global Competitiveness 2015-16



 

National Geographic conducts periodic surveys in 14 countries and ranks consumer attitudes to environmental sustainability. The latest survey conducted in 2014 shows that, as in the earlier survey, consumers in the large developing economies of India and China score the highest.

 
See: http://environment.nationalgeographic.com/environment/greendex/
 

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