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.


 

 

16-30 April 2017

Top story

EU slaps antidumping duty on Chinese plywood

The European Commission has imposed anti-dumping duties on imports of okoumé plywood originating in China.

 

This decision is the result of an investigation following a complaint from the European Timber Trade which asserted that Chinese plywood is being sold in EU member states at an unfairly low price.


Also in this issue

  • South African importers face a challenge in pricing stocks              
  • Malaysia exhibits unique pavilion for American Institute of Architects
  • Malaysian Furniture Council fears re-instatement of export license requirement
  • No export of products milled from Myanmar’s conservation or conflict area logs
  • Legality verification for Indian wood products
  • New legislation could impact Brazil’s Amazon forest
  • Relaunch of EU/ITTO project to monitor impact of FLEGT licensing
  • Sharp drop in US furniture imports from China and Vietnam

             

 

Data snapshot

Vietnam – an attractive country for foreign investors



Data source: National Statistics Office, Vietnam

Low labour costs, good infrastructure and preferential tax treatment  - Vietnam is attracting an inflow of foreign investment. Now the focus is on expanding higher value-added production but such industries demand a high engineering and managerial skills, something which is in short supply. To fill the gap in domestic skills eyes are turning to the skilled labour pool in China.

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