While the trade war between the US and China has yet to directly implicate the furniture market, China’s export of wood products have increased amidst concerns of potential tariffs in the future. At the same time, the Chinese domestic market is also facing challenges from cooling measures in the local property market. ITTO tells us more about the latest happenings around the world.

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Depreciating currencies against the US dollar is slowing affecting the furniture and wood-based product markets; material and product certification remain a priority; while research for alternative, sustainable materials to wood has intensified. ITTO shares more about the happenings in the wood industry around the globe.

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Travelling is time consuming and costly, but such trips are justifiable by the valuable information they provide. By Michael Hermens, APP Timber

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The EU is stepping up its efforts to ensure implementation of FLEGT, but EU’s wood imports and exports have been on the rise; shortage of raw materials and volatile foreign exchange rates are affecting the wood sector in some Asian countries; while China’s trade is expected to expand further as the result of the “One Belt, One Road” initiative. ITTO tells us more about timber markets around the world.

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2018 seems to be a year of further growth, but policy challenges and market consolidation may cause disruptions in the tropical timber markets around the world. To start off the year, ITTO shares insights on the happenings in different countries and regions.

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The Malaysian government is stepping up efforts to promote automation by providing soft loans; Europe is starting to see the effects of legal wood push; China showing signs of slowing consumption. ITTO shares the happenings around global wood market.

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Is automation the answer to labour shortage in Malaysia? How big is the custom made furniture market in China? What effects does improving Euro zone economies have on timber and wood product imports? ITTO tells us the latest happenings in the global tropical timber market. 

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ITTO takes us around the world to take a look at the latest headlines on different timber markets.

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The furniture shows in Southeast Asia confirmed that new trends are few and far between, but recently established trends are developing further.By Michael Buckley in Singapore

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The wood business has traditionally been a slow moving one. The material has been well-known, much loved and reasonably well understood for centuries. But things are changing now, mainly in the way we use wood. By Michael Buckley, World Hardwoods

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