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TROPICAL TIMBER MARKET REPORT

EU officially delays to EUDR and other countries look to step up their sustainability efforts and
boost the export competitiveness. ITTO tells us more about everything that is happening in the
timber market around the world.

MALAYSIA Plywood exports to India
Huge demand for activated carbon The Ministry of Commerce and Industry India had several
Zainal Abidin Abdullah the General Manager of the Sarawak months ago announced that the export of panel products to
Timber Industry Development Corporation (STIDC) has said India is subject to the Mandatory Bureau of Indian Standards
there is a huge demand for activated carbon derived from (BIS) Certification requirements from 28 February 2025.
biomass. He noted that to benefit from this potential it will The Malaysian Timber industry Board (MTIB) has provided
be important to develop a strong framework for biomass information on the Indian Standard.
research and foster collaboration among government, industry

and academia to enhance Sarawak’s role in the renewable Updated National Climate Change Policy
energy market. The Ministry of Natural Resources and Environmental Sustainability
He added that collaborative research between STIDC and has launched the National Climate Change Policy (NCCP)
the Forest Research Institute Malaysia (FRIM) showed that 2.0, an updated policy that introduces a new framework for
Sarawak’s biomass had excellent properties for producing Malaysia’s transition towards a low-carbon economy.
energy pellets. The Minister, Nik Nazmi Nik Ahmad , said the NCCP 2.0 is an
In 2023 Sarawak’s export value for wood pellets umbrella policy that ties together all climate initiatives, provides

reached RM44.474 million, almost double that of the a clear pathway for governance, low carbon development,
previous year mainly due to demand in France, Japan adaptation, climate financing and partnerships as well as serves
and South Korea. as the backbone for the drafting of Malaysia's very own Climate

PaulGrecaud