Low natural gas costs cause dip in biomass prices

Biomass Magazine
By Anna Simet
July 23, 2012

Biomass prices dropped in the U.S. South, Northeast and West during the second quarter of 2012, according to a new report by Wood Resources International.

The main reason for declining prices is the continued fall of natural gas prices to levels not seen in 10 years. Prices for woody biomass in the country—including sawmill byproducts, forest residues or urban wood waste—have been on the decline for most of the last three years, but were higher in late 2011 in most regions than they were five years ago, the report cites.

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