Greater transparency in the tropical timber marketsPosted on May 24, 2011
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.
A CITES Plants Committee meeting was recently held in Switzerland and there are unconfirmed reports that Bolivia was advised to set a zero harvesting/export quota for Big leaf Mahogany (Swietenia macrophylla).
Bolivia did not submit a non-detriment findings report for the meeting and this triggered the Plants Committee to classify Big Leaf Mahogany as a “species of urgent concern” and to recommend that within three months Bolivia should set a zero quota.
This information is not yet on the CITES website but importers are advised to follow developments as it may take some time for Bolivia to re-validate its non-detriment process.
Dowload the reports: www.itto.int/mis_download/