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February 2, 2018
Global wood pellet market outlook in 2018
Over the last 10 years, global pellet markets have increased a lot, due to the strong demand from the industrial sector. The pellet heating markets have been challenged in recent years by low alternative heating fuel costs (oil and gas prices) and warmer than average winters in North America and Europe, according to FutureMetrics (chart 1). Also, analysts explain that a combination of higher oil prices and de-carbonization policies will return demand growth to trend in the 2020s. For the last several years, the industrial wood pellet ...
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