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September 4, 2020

Russia: Exports of wood pellets hit record high in H1/2020

  Russian wood pellet exports reached a record high in the first half of this year, bolstered by an increase in shipments to South Korea, the UK, Belgium and Denmark, which helped to offset a decline in Swedish demand.  Shipments rose by 14.4pc on the year to 977,000t in January-June, putting them 46.3pc above the four-year average for the period of 668,000t (see chart). Wood pellet exports increased by 10pc on the year in the second quarter, and by 22.4pc in June.  European industrial demand ramped up in ...

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