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Tropical Timber Market Report(16-31 March 2020)

16-31 March 2020

Top story
Game changing policies in response to corona virus impact
The Indonesian Ministry of Trade will relax export regulations and eliminate or simplify export documentation.
A Ministry of Trade Regulation, No.15 of 2020, has been issued concerning exports of wood products. Beginning May this will eliminate the mandatory V-Legal Customs Document and Surveyor Report requirement for a range of export wood products.
However, the Ministry of Environment and Forestry will maintain the V-Legal system in order to provide V-Legal documents to support those exporting to the EU.
●Production rates falling – in Cameroon and Gabon
●Corona virus silences the timber trade in Ghana
●Malaysia on lock-down – only essential services operating
●Forest Department alone cannot prevent cross border smuggling from Myanmar
●Documento de Origem Floresta (DOF) now sufficient authorisation for exports
●Tokyo Olympics postponed - athlete village builders stuck with huge apartment stock
●Rise in China’s 2019 sawnwood imports - but not tropical sawnwood
●Covid-19 puts Europe into lockdown and rewrites economic forecasts

Disrupted US woodworking industry




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