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Coronavirus pandemic to cause global wood pellet market to go into recession

Posted on April 1, 2020

Currently two situations are envisaged for this pandemic -The pandemic accelerates uncontrollably and millions of people die; or -The pandemic is attenuated by policies and rules which limits the spread of the disease and greatly reduces the number of deaths. In both scenario wood pellet market is expected to go into depreciative state as best case scenario predicts at least 3-6 months of time to recovery