Pellet prices in the North-western harbors of Russia has felt less than 100 Euro/ton on FOB Saint-Petersburg in summer 2010. Due to this the pellet export reduced from Russia to Europe.

Pellet prices in the North-western harbors of Russia has felt less than 100 Euro/ton on FOB Saint-Petersburg in summer 2010. Due to this the pellet export reduced from Russia to Europe.

The dead season should be finished in September 2010. Experts expect the FOB pellet prices in the Russian harbors for about 105 Euro/ton. The peak prices should be in winter at the level of 110-115 Euro/ton for industrial pellets.

Because of the low prices some Russian pellet producers stopped their production and wait till good times. The warehouses are full with pellets at the moment.