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March 11, 2019

Wood pellet prices in the Batic states in free fall

Wood pellet prices in the Batic states in free fall

On February 27th and 28th, 2019, the European Pellets Conference which took place in Wels, Austria gathered around 660 participants. As always, there was an overview of the global pellet markets. Europe is characterized by rising production and a simultaneous fear of supply shortages. North America is focusing more on East Asia's export of pellets.

Didzis Palejs from the Latvian Biomass Association gave an overview of the Baltic wood pellet markets. The past two years have been very volatile, and the development is very hard to predict. 

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