Demand still weak in international timber market—latest GTI Report

2023-06-16

Yokohama, Japan, 16 June 2023: Tropical timber markets showed no sign of recovery in May and even slumped further in some countries, according to the latest Global Timber Index (GTI) Report. The GTI was below 50% in the seven pilot countries of Brazil, China, the Congo, Gabon, Indonesia, Malaysia and Mexico, indicating negative growth in the sector.