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Daily News / Global Trends / Market Analysis / Wood pellets / Wood Products / Global / North America
August 10, 2022

Wood-pellet market booms amid Ukraine war

Wood-pellet market booms amid Ukraine war
The wood-pellet market is on fire.    War has cut off the supply of compressed-wood pellets from Russia, Belarus and Ukraine to the power plants in Western Europe that burn them instead of coal. That has put a premium on pellets from North America, especially the U.S. South.    U.S. export volume, which has climbed steadily over the past decade, is running ahead of last year, when a record of more than 7.4 million metric tons of U.S. wood pellets were sold abroad, according to the Foreign Agricultural ...

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