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FOEX Indexes Ltd is an independent company providing audited, trade-mark registered pulp, paper, recovered paper and wood based biomass price indices.

Mar 13, 2018

Market Comments

PIX Bioenergy - Forest Biomass Finland

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The PIX Forest Biomass Finland index value is based on trading prices of January 2018 of forest residues and wood-based industry by-product bioenergy components in Finland, excluding pellets and liquid bio-fuels.

The sawn softwood production in Finland increased by about 5% in 2017, compared to the previous year. The Finnish sawn goods exports, accounting for over 75% of the production, have also increased, especially to China, and some growth is expected also this year. Higher production volumes also increase the amount of by-product sawdust and bark on the market.

According to Luke statistics, wood trade from non-industrial private forests in Finland in January was over 4.5 Mm³, which is over 35% higher than the previous month, and over 15% higher, y-o-y.

In January, the weather in Finland remained mild, with higher-than-average temperatures measured in most parts of the country. After removing 10% of the extreme values, the PIX Forest Biomass Finland Index showed a small decrease of 5 cents, or of 0.26%, and settled at 18.92 EUR/MWh.