Offers for industrial grade wood pellets delivered intoNorthwest Europe sank further this week, as mild weather continuedto dampen demand in the residential market at a time of year whenbuyers typically come out to replenish stocks.Platts Friday assessed the weekly price of CIF NW Europe ‘I2’industrial wood pellets basis 17 GJ/mt for delivery within the next 7-45days, November 20-December 28 at $156/mt, $2 lower on the week anda fresh record low since Platts started assessments in August 2014.
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