Vietnamese wood pellets export prices on decline

Vietnamese wood pellets export prices on decline
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 summer balanced around US$145-148 per tonne FOB, US$40 up from September last year. However, at the debut of this autumn, Korean purchase slowed down due to excessive inventories and the prices decreased. As a consequence, the Vietnamese wood pellets at the beginning this month are down to less than US$140.    Present market is described ...

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