Korea
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Tokyo biomass pellets summit to gather over 200 buyers and sellers
To be held in Tokyo on 15-18 May, the 8th edition of renowned Biomass Pellets Trade & Power summit promises latest updates on North Asia's biomass capacities, raw material imports, feedstock price trends and stiff competition between wood chips/pellet sellers from SE Asia, Europe and North America. Japan and South Korea's strong buying demand for wood pellets to feed its existing and new biomass power capacities coming on-stream have led to increase in spot wood pellet prices and sellers vying for a share of these markets. Aptly, the Tokyo summit calls on Japan's key biomass producers -- IPP eRex, that is expected to purchase 300,000 tons of palm shells and biofuel this year, to discuss its expectations on biomass requirements and Sumitomo Corporation, that has an upcoming 50MW biomass plant, to share about Japan's demand and imports of wood pellets, wood chips and... Continue reading
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March 21, 2017
Tokyo biomass pellets summit to gather over 200 buyers and sellers
To be held in Tokyo on 15-18 May, the 8th edition of renowned Biomass Pellets Trade & Power summit promises latest updates on North Asia's biomass capacities, raw material imports, feedstock price trends and stiff competition between wood chips/pellet sellers from SE Asia, Europe and North America. Japan and South Korea's strong buying demand for wood pellets to feed its existing and new biomass power capacities coming on-stream have led to increase in spot wood pellet prices and sellers vying for a share of these markets. Aptly, the Tokyo summit calls on Japan's key biomass producers -- IPP eRex, that is expected to purchase 300,000 tons of palm shells and biofuel this year, to discuss its expectations on biomass requirements and Sumitomo Corporation, that has an upcoming 50MW biomass plant, to share about Japan's demand and imports of wood pellets, wood chips and... Continue reading
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Wood market sensitive to supply levels in China
With Q4 well underway all eyes remain on China where without doubt there is an economic slowdown ongoing, says an International Forest Industries recent report. Q3 ‘14 is expected by many economists to have achieved ~7.3% growth which indicates a definite slowing in the economy. Premier Li Kequaing announced recently that 2014 GDP is unlikely to meet the official 7.5% target set at the start of the year. Historically these growth targets have been set in stone, and any failure to meet them has been considered unacceptable. Recent announcements suggest a softening of this stance which indicates that either the target itself is no longer considered attainable, or that structural reform comes as a priority to growth. GDP expectations for 2015 are now being forecast at 7.1% by leading economists. The Chinese housing market remains in difficulty and all restrictions put in place to... Continue reading
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March 21, 2017
Tokyo biomass pellets summit to gather over 200 buyers and sellers
To be held in Tokyo on 15-18 May, the 8th edition of renowned Biomass Pellets Trade & Power summit promises latest updates on North Asia's biomass capacities, raw material imports, feedstock price trends and stiff competition between wood chips/pellet sellers from SE Asia, Europe and North America. Japan and South Korea's strong buying demand for wood pellets to feed its existing and new biomass power capacities coming on-stream have led to increase in spot wood pellet prices and sellers vying for a share of these markets. Aptly, the Tokyo summit calls on Japan's key biomass producers -- IPP eRex, that is expected to purchase 300,000 tons of palm shells and biofuel this year, to discuss its expectations on biomass requirements and Sumitomo Corporation, that has an upcoming 50MW biomass plant, to share about Japan's demand and imports of wood pellets, wood chips and... Continue reading