Wood pellet prices reach historic highs in Nordic countries

Wood pellet prices reach historic highs in Nordic countries
Nordic pellet prices have reached a fresh record high ahead of the winter demand season, with the supply outlook in the first quarter looking somewhat “unclear”.    The October Pix Pellet Nordic index, which reflects prices gathered since the middle of last month, was last assessed at EUR 33.52/MWh, up 18% on the year and the highest level since the Finland-based industry index provider Foex launched the index in October 2009.    ''The last quarter seems well covered by the utilities, but first quarter 2020 is more unclear'', Foex said, noting ...

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