"Expansion of wood pellet capacity drives sawdust and wood chip prices up"
"There has been a rapid expansion in wood pellet capacity in North America the past five years, from just over one million tons in 2004 to over six million tons in 2009 ... British Columbia was the first region to take advantage of inexpensive sawmill residues and to produce wood pellets for the fast growing European market."
As reported by the North American Wood Fiber Review sawdust prices in the Pacific Northwest reached a peak of US$74/odmt in late 2008 and have since fallen, averaging US$64/odmt in the 3Q/09.
Read the full story at The Working Forest Newspaper.
