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 May 2017

Top story

Malaysian plywood exporters want to mark up prices for Japanese market

The 26 May Japan Lumber Report (JLR) has reported   Malaysian plywood manufacturers are  proposing higher C&F prices for plywood shipments to Japan.
 
One reason cited by the JLR is the higher cost of logs in Malaysia. The proposed price increases for June and July shipment vary by manufacturer but are in the region of US$25 per cubic metre.
 
Malaysian plywood mills have struggled to raise prices for the Japanese market but as production costs rise they have no choice but to try and pass these on.
 

Also in this issue

  • Perception in West Africa is that demand in international markets is rising      
  • Warning that investment in South Africa’s plantations is not keeping pace with demand
  • Sarawak – security of employment a priority as log harvests reduced        
  • WPC production comes to India
  • Study challenges Brazilian government timber recovery baseline
  • Shanghai manufacturers began to relocate
  • EU wooden furniture imports from SE Asia fell in 2016

 

Data snapshot

Japan - a target market for wood products for construction


Data source: International Trade Administration, USA
 
The US International Trade Administration provides the ‘Top Markets Reports’ as a resource to U.S. exporters. Japan’s construction sector is highly ranked as a target market for wood products, especially wooden doors and windows.
 
Japan is the second largest construction market outside the United States. It is a stable, advanced market that is strongly receptive to the high quality building products.
 
Japanese consumers ,particularly its senior population, has high disposable income, a commitment to energy efficiency and resource conservation and a strong interest in new technologies a benign built environment.
 
See: http://www.trade.gov/topmarkets/

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