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.


 

 

15-31 August 2018

Top story

Efforts to increase use of lesser-known species for marine works
Efforts to increase the use of lesser-known species in marine construction are being supported by the private sector and NGOs.
 
Importers suggest specifying timber in terms of ‘fit-for-purpose’ with mixed species allowed would lead to development of a more diverse timber trade, support improving the timber value chain and, in turn, support sustainable forest management.

Headlines
  • Log stocks cleared from Sierra Leone
  • Sabah task force for a more sustainable domestic manufacturing base
  • Indonesia says import restrictions will be positive for the timber sector 
  • New report, ‘India’s Real Estate Milestones - A 20-year Narrative’
  • Brazilian forestry sector investors discuss ‘20x20 Initiative’           
  • China sees surge in landed cost of North America logs
  • EUTR has made marine-use of tropical timber a more difficult sell say importers
  • Tropical plywood suppliers to the US gain market share
 

             
 

Timbers planted in Brazil


snap2018_8B.jpgData source IBA, Brazil

Eucalyptus and pine dominate Brazilian plantations
Forest plantations in Brazil extend over around 7 million ha.  with 75% distributed in the States of Minas Gerais, São Paulo, Santa Catarina and Bahia.
 
Exports of plantation products are worth over US$9.0 billion annually and the the planted tree industry supports almost 4 million direct and indirect jobs.
 
Planned investment projects to expand the area of plantations and install addition processing capacity are said to be as high as R$40 billion up to 2020.
 
See: http://iba.org/en/data-statistics
 

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