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 December 2015

Top story

Logistic costs in Indonesia higher than in neighbouring countries

Planned investment in Indonesia’s infrastructure is aimed at revitalising manufacturing. New power and transport projects are underway.
The Oxford Business Group in a press release says logistics costs in Indonesia remain higher than in many neighbouring countries. The East Asia Forum estimates that average transport time per 100 km is 2.6 hours in Indonesia, compared to 1.4 hours in Thailand and 1.2 hours in China.


Also in this issue

  • Ghana reports encouraging nine month export results
  • E-commerce in India to grow 10-fold in 5 years
  • Brazilian furniture industry turns to customisation to stay profitable
  • Private fund to reforest the Peruvian Amazon
  • Japanese company to build door plant in Indonesia
  • Chinese furniture company joins UN Global Compact
  • Indonesia, the largest supplier of wood flooring into the EU
  • US firm buys Brazil’s Companhia Madeireira

Data snapshot

IMF World Growth Forecasts


Despite economic headwinds, IMF sees 2016 growth improving 

The IMF expects the world overall to expand by 3.6% in 2016, up from this year’s estimated 3.1% growth. Both advanced and emerging economies are forecast contribute to the improvement.
Commodity-dependent countries in Latin America and Africa and parts of Asia are facing difficult times as commodity prices are 30% lower than their 2011 peak.

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