At the Argus RenewablesTrading Summit 2011, Pete Stewart talked about the relative economics of pulp and pellet production and assessed the effects of competition for woody biomass on these two types of manufacturers. Pulp producers will still be competitive globally if the increased competition for woody biomass drives pulpwood and chip prices higher. The margin for pellet manufacturers is much slimmer; the price risk they face is much greater. Read More
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