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Apart from sluggish global economic growth (and the hard landing of China's economy), there was also another factor at play that causedlow coal prices. During the lucrative 2000s commodities boom manynew coalmining companies were established in Indonesia while existingcoalminers raised investment to expand production capacity.

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May 23, 2018· Wood pellet imports into South Korea andJapanhave grown exponentially in the past few years. In 2017, South Korea imported 2.4 metric tons (MT) of wood pellets, 20 times what was imported in 2012.Japanis currently a smaller market, but its growth has also been impressive.Japanimported over 0.5 MT in 2017, a seven-fold increase from 2012.

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