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 January 2016

Top story

ETTF launches new tropical timber website

The website ‘Gateway to international Timber Trade’ has been launched by the European Timber Trade Federation (ETTF).
 
International timber traders will find here a one-stop information point for forest industry information, legal timber trade, country requirements and export trends in timber producing countries. The objective in creating this website is to enhance and facilitate legal trade in tropical timber.
 
See: www.timbertradeportal.com


 

Also in this issue

  • Malaysian companies meet India’s retailers and net orders worth RM 44 million
  • Indonesia plans 300,000 ha of plantations for biomass by 2019
  • Confusion over Myanmar’s allowable cut for 2016/17
  • Indian States secure authority to license wood processing enterprises
  • Brazilian furniture export to rise in 2016
  • Japan Builders Network (JBN) surveys domestic use of wood
  • Structure of forest industry in China has changed
  • Wood yet to make significant inroads into market share of other materials
  • US national formaldehyde emission standards to be issued early this year

 

Data snapshot

South African wood product imports



 


The South African economy has come under severe strain of late and the effects thereof are clearly visible in the most recent consumer and business confidence measures. The Building Confidence Index gained four points to reach 48 in the final quarter of this year, which is broadly on par with the long-term average. Growth in the building sector likely regained some momentum in the final quarter of 2015 after what was a relatively slow year.
 
South Africa imports a wide range of wood products to complement domestic production.  China dominates the supply of wood product imports by South Africa.

 

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