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February 3, 2021
South Korea’s 2021 imported wood pellet demand expected to remain stable
South Korea's 2021 imported wood pellet demand may remain stable from last year at 3mn t as the container shortage issue will not be resolved soon and the government continues to support the use of unused woody biomass, according to the country's national institute of forest science (NIFoS). There have been difficulties arranging shipments from Vietnam, a major wood pellet supplier in Asia-Pacific, to South Korea since November 2020. China's economic recovery, the slow return of empty containers from the US and Europe to Asia-Pacific amid the Covid-19 pandemic and a diversion ...
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