RISI VIEWPOINT: International woodchip markets at a turning point: prices jumping higher, supply shortages looming, and biomass chip markets starting to get interesting

By Bob Flynn,

Consultants love to talk about markets being at a "turning point" (read: "Hire us to explain why things are changing and what comes next"), but in the case of the international woodchip markets in early 2018, the description is certainly appropriate. After setting new records for volume traded in each of the past seven years (2010-2016), in 2017 the market took a breather and was essentially unchanged from the previous year (Figure 1). And an even more unusual twist, in 2017 the Japan market grew, and it was the Chinese market, which had grown 10.5 million BDMT between ...

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