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 March 2017

Top story

EU importers warned on Myanmar teak

First Sweden then Denmark and now the UK Timber Trade Federation (TTF) have warned importers they could be in contravention of the EUTR if they import teak from Myanmar.  The UK TTF has gone further and called for EU wide action.
 
Having profited for decades from the teak trade now is not the time to penalise the timber industry and forest authority in Myanmar.
 
They should be encouraged and assisted as they open to international scrutiny, move to stop forest devastation and table a draft legality verification system.  Now is the time to offer support and assistance.


Also in this issue

  • Only kiln dry sawnwood exports from Gabon
  • Strategy for South African sawmill sector must address raw material resources
  • Indonesia mulls tax relief for furniture exporters
  • Danish authorities warn importers of Myanmar teak
  • Draft regulations on traceability tabled for discussion in Myanmar               
  • Exporters in Brazil on the alert as the currency appreciates and production costs rise
  • Tracking will improve competitiveness of Peru’s timber exports
  • Rising dependence in EU on tropical sawnwood from Cameroon
  • Vietnamese furniture manufacturing facility to open in US            

             


Data snapshot

Cross laminated timber (CLT) buildings around the world



 

Cross-laminated timber (CLT) is gaining popularity in Europe and North America as an alternative to concrete and steel construction in commercial and multi-story residential buildings.
 
CLT is a multilayer panel made from boards glued and stacked crossways. The cross-lamination improves mechanical properties. Structurally, CLT offers performance comparable to concrete or steel. Between 2009-2016 global production of CLT expanded around 16% and demand is strongest in Europe.
 

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