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August 20, 2019

Falling prices for wood pellets in Vietnam

As demand in South Korea is slowing down, Vietnamese wood pellets prices are falling relative to the rise seen this spring and are basically at the levels of the autumn 2018. Prices are expected to fall below $130/t.  Wood pellet prices in Vietnam, one of main wood pellet supplying countries in South-East Asia, soared since September last year due to booming purchase from South Korea.  Thus, wood pellet prices in this spring balanced around US$145-148 per tonne FOB, US$40 up from September last year.  However, at this summer, Korean ...

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