The Most of the wood pellet manufacturer from Southeast and North America are impressed by the reduction of the wood pellet price in the first season comes to pass.
Recently some of our clients from Indonesia complained that the price of the wood pellet has been reducing in the pat few months from USD 175, FOB Korea to USD 135, FOB Korea, the brokers will offer less 10-15 dollars. The price of the wood pellets in bulk in the North America has also decreased by 9%-10% from the last heating season till now. It was amazing, because the demand for wood pellet from S.Korean power plant has been increasing by 10% every year. The volatility of the price should have been influenced by some unpredictable factors.