January alterations in money circulation in Switzerland had an effect upon the pellet market. Sergey Kozlov, the analyst of Ukrainian biofuel portal pellets-wood. com considers that a steep rise in prices for pellets was caused by an abrupt strengthening of Swiss franc against euro, constituting 30%.
Presently, the price for pellets constitutes 409, 2 francs per tonne, which is by one per cent lower than the January price. At the same time, when converted into euro, an average price increased by 14% or by 47 euros and constitutes 391, 32 euros per tonne. A minimum price, presented at Swiss market, constitutes 379, 39 euros per tonne while the amount of delivery is 8 tonnes. What concerns a maximum price, it constitutes 404, 86 euros per tonne while the amount of supply is 3 tonnes.
If we proceed to compare these indices with the prices of the last year’s corresponding month, we can state a similar rise by 14% (391, 32 euros per tonne in February of the current year against 343, 14 euros per tonne in February of the year 2014). The price in franks during the similar period went down by 2, 5%.
Author: Ivan Prokhorov
