12 November 2018, 13:18

It is said by FOEX Indexes Ltd which calculate the index of pellet prices in Europe.

A glance on the wood pellet trade within the EU shows that imports totalled 3.501 million tons in the first half of 2018, displaying an increase of 4%, y-o-y. Denmark was the main importing country (41% of the total), followed by Italy (21% of the total), and imports to both countries increased by as much as 18%, year-on-year. On the supply side, Latvia and Estonia were the main sources for exports within the EU, together accounting for 37% of the total. Exports from Austria increased notably, mainly to the booming Italian heating market. The raw material situation is good in Central Europe as there is plenty of damaged wood available due to the bark beetle outbreak caused by the recent particularly hot and dry summer.
Autumn arrived in Central Europe in October. The PIX Pellet Continental benchmark moved north by 6.25 euros, i.e. by 2.99%, closing at 215.55 EUR/t. It is also up by 3% from the beginning of this year, and 5.8% higher in the year-on-year comparison.

FOEX Indexes Ltd