ITTO is Back!

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In January 2012, the International Tropical Timber Organization (ITTO) discontinued their biweekly market report because they lost their budget. This was disappointing for us because we used it to track market prices for some of the tropical woods we grow in our projects, and distribute key findings to our shareholders.

But, after a year of going without, we’re happy to see the ITTO biweekly market report is being published again. The report does an excellent job of reporting on country-specific tropical timber news and publishing prices for different species and products in different markets. We encourage you to check it out.

Bolivian big leaf mahogany (swietenia macrophylla) threatened

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The International Tropical Timber Association (ITTO) recently released its bi-weekly report on global timber prices.

One of the highlights of the report was a classification by the Convention on International Trade in Endangered Species (CITES) of Bolivia's big leaf mahogany (swietenia macrophylla) as a "species of urgent concern". CITES recommended that Bolivia place a moratorium on its export.

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