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Thursday, April 25, 2024

TTF makes a market assertion on timber provide

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The Timber Commerce Federation (TTF) has simply launched a brand new doc putting the timber sector in market context because the UK continues to be pressured on materials provides.

TTF MD David Hopkins joins TRADA Board - Timber Trade Federation

David Hopkins, TTF CEO stated: “As , now we have a really tight provide scenario within the UK for timber. To assist shed larger mild on the state of the present market, for this weeks enterprise information now we have produced a particular concentrate on this topic. We perceive the tensions you face with clients and different stakeholders available in the market, and we hope by sharing this info we could aid you in a few of your conversations and enterprise exercise.

“As you will note on this report, now we have taken a step again to offer a barely longer-term perspective and spotlight the variations in quantity and worth between January 2018, when the market was thought of ‘regular’, as in comparison with early 2021. In our view the market place must be phrased as a DEMAND slightly than as a provide scenario. We hope this helps clarify issues to the market. Please do share as broadly as attainable.”

The assertion notes extra softwood was imported into the UK in 2020 (6,608) than in both 2019 (6,394) or 2018 (6,594), (the figures for these years are proven in 000s of cubic metres).

You’ll be able to obtain the assertion here as a snapshot of the market, in what’s an evolving scenario – and one not restricted to timber, with different building supplies in an identical place.

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Rachel Ha
Industrial and agricultural product enthusiast. Expert on Vietnam economy. Focus on FTA agreements between Vietnam and other countries.
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