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North American Pellet exports rise in Q3 2014

Pellet exports from North America rose in the third quarter of last year after a stable first half of the year that could be characterized as a temporary plateau, as reported in the North American Wood Fiber Review.

While pellet exports to Europe were up just marginally, the increase to Asia was more noticeable. Up until 2014, more than 95% of wood pellets leaving US and Canadian ports were destined for Europe.

However, during 2014 there was a shift in Canadian exports from Europe to Asia, with pellet plants in British Columbia shipping record volumes to South Korea during the the third quarter of last year.

Source:Scrap Register

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