Wood pellet exports from the US and Canada to Europe reached a record high

Wood pellet exports from the US and Canada to Europe reached arecord high in the 4Q/11 thanks to increased demand in the United Kingdom, reports the North American Wood FiberReview

Exports of woodpellets from North America to Europe reached a record of over two million tonsin 2011, according to analysis reported in the North American Wood FiberReview (www.woodprices.com). Canada has long been the main exporter of pellets but in the secondhalf of 2011, the US caught up and exported an equal volume to Canada.