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July 12, 2018

Overview of the Vietnamese wood pellet market

The wood pellet exports from Vietnam have gone from nearly zero to approximately 2.75 million metric tonnes per year, on a seven-year period.  According to a new analysis made on the Vietnamese pellet export sector made by FutureMetrics, a new 120,000 tonne/year pellet factory will be built in Vietnam. This kind of development will thus influence the future costs and prices for pellets produced in Vietnam and shipped to South Korea and Japan.  Moreover, the pellet industry in Vietnam has been using by-products of furniture manufacturing, while the saw and milling ...

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