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 October 2017

Top story


LCA provides foundation for new tropical wood promotion campaign

A group of Netherlands Timber Trade Association (NTTA) members is planning to use the findings of two recent Life Cycle Assessment (LCA) projects as the basis of a campaign to promote greater use of sustainable tropical timber. The campaign will target civil engineers, and focus on both sustainable tropical timber’s environmental benefits, in relation to climate change mitigation, renewability and low environmental impacts and its technical, design and low maintenance attributes.


Also in this issue

  • Kevazingo in the news again – exports likely to continue
  • Is high value sawn teak for international markets an ‘added value’ product?
  • Indian real estate in 2017 and beyond – new report from CREDAI
  • Hint of a recovery in Brazilian construction sector
  • Traceability, a tool to raise competitiveness and improve image of Peru’s timber industry
  • Japan - Tight supply of tropical plywood
  • Transformation of China’s woodbased panel sector continues
  • Certified wood accounts for most of Dutch timber imports

             

 

Data snapshot
 

Cash the Japanese economy needs released



 

At the end of the first quarter of this year Japanese companies, excluding banks and insurance companies, were found to have around yen 190 trillion (approx. US$$1.7 trillion) in cash reserves. This, say some economists, is bad for the national economy. Japan’s Finance Minister warned the Japan Business Federation that “the public is not happy to see businesses hoarding cash, especially after they recently benefitted from corporate tax cuts”.

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