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227 auctions were announced by the SFE in December, offering a total of 84.6 thousand m3 of timber products. This was the largest amount of timber offered at short-term auctions in 2021. However, the percentage of sold timber has reached only 29%. Auctions were organized by 24 SFE units.
The value of the BWCS (Baltpool Wood Chips SPOT) LT index has reached 25.91 EUR/MWh. Compared to its value in November, the index has increased by 13.4%, and compared to the results of the same period last year, the value of the index has increased by 164%.
With the growing demand for sustainable biomass in Europe, the international biomass exchange BALTPOOL is introducing a new solution for its clients – a Biomass traceability tool. This will enable market participants to determine the precise origin of biomass and the raw materials used.