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 May 2018

Top story

Online LCA tool for American hardwoods

The American Hardwood Export Council (AHEC) has launched an online LCA tool to enable timber suppliers to use environmental impact data in promoting US hardwoods.
 
The tool generates a range of environmental impact data based on the transport of 1 cu.m. of kiln-dried sawnwood from the US to any part in the world. The tool also shows the time taken to grow 1 cu.m. for various species based on the US Forest Service inventory database.

Headlines
  • Rumours of an old issue resurface in West and Central Africa – under-declared grades
  • Ghana association suggests sourcing raw materials from Liberia
  • Indonesian enterprises invited to Laos
  • Myanmar requires investment in plantations before approvals for processing
  • Deadline for Brazil’s SINAFLOR implementation pushed forward
  • Wood demand projections released by Japan’s Forestry Agency
  • Protests in Europe against oak exports


 

             

  Data snapshot

  Firm retail sales drive up container traffic into the US

snap2018_5A.jpg

According to the Port Tracker report from the National Retail Federation and Hackett Associates, container traffic into the US is forecast to grow steadily throughout the summer of this year despite the prospect of heavy tariffs on goods from China.
 
Ports covered by Global Port Tracker handled 1.54 million 20-foot equivalent units in March, down 8.6% from February because of Lunar New Year celebrations in Asia but arrivals are expected to increase over the next 5 months on the back of rising consumer spending.
 
For more see: https://nrf.com/connect/newsletters/global-port-tracker

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