About 3 million tons of wood pellets were produced in Russia in 2020. The output growth was about 23% year-over-year, ranking only second to the U.S. In total, production capacity of Russian enterprises increased by 670,000 tons in 2020. Another 850,000 tons of capacity were announced, but not put into operation. Starting from March 2020, wood pellet export prices in Russia were dropping by 5–10 euros ($6-12) per ton every month. By December, the decline totaled almost 40% compared to the beginning of the year ...
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