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November 30, 2020

Russian prices for wood pellets down 40% since the beginning of the year

The downward trend if wood pellets prices in Russia continued in October 2020. Export prices have dropped within the range of EUR 5-10 per tonne since September 2020, which is almost 40% lower than in the beginning of the year.  In January-September 2020, the volume of wood pellets output in Russia grew by 6.4% YoY, reaching 1.5 million tonnes, as reported by the Russian Federal Statistics Service (Rosstat).  Regarding trends in the Russian wood pellet market, the prices are expected to remain at the level of October in November 2020. However, the ...

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