SUMMARY
Summary: Tropical plywood trade amounts to US$ 6 billion a year, and it is thus one of the few remaining major commodities for which no futures contract exists. This study presents an analysis on whether such a contract could be useful (concluding that it would, in view of the pressure the plywood sector is under), given the characteristics of the plywood industry and trade; discusses how such a contract should then be formulated; and describes what is needed to introduce it successfully. In a detailed annex, the ways to use futures contracts is described. [English only]