COVERAGE NOTE: Proposed changes to NA biomass assessments – Consultation
SAN FRANCISCO, CA, Dec. 8, 2020 (Fastmarkets RISI) – Fastmarkets RISI is proposing to discontinue one index-based assessment of US biomass and pellet grade wood prices, with effect from February, 2021.
Biomass grade market volumes to domestic mills are no longer significant as they once were when these assessments were launched, and the number of producers selling in the various regions has dwindled. Biomass prices are very low, with little net value in the product, after freight is factored. As a result, Fastmarkets RISI can no longer maintain robust assessments for these prices.
Fastmarkets RISI invites feedback on this proposal until Feb. 7, 2021. To submit comments, please email firstname.lastname@example.org, noting “NA biomass assessments” in the subject line of the email.
For other Fastmarkets RISI coverage notes please see here.