3rd Biomass Trade & Power Europe

European Wood Pellet & Chip Demand Rising with Denmark at the Forefront of Both Markets

European wood pellet prices have rebounded in the last six months after a prolonged and challenging period of bearish pricing for pellet producers. The market witnessed bankruptcy from well-established suppliers in Europe and North America as pellet prices drifted towards unsustainable levels for many in the industry. That outlook started to turn earlier this year with the arrival off stronger demand from Europe and Asia, coupled with lower pellet production output helping to push prices higher. European utilities and generators benefited from the cheap pricing but there was a mutual realization on both sides of the market that prices had to increase before the market lost more suppliers to bankruptcy.