Biomass and Timber

Biomass needs timber; their prices have moved together.

Biomass (energy) and Timber (commodity): 2 relationships.

How they are linked

1. Material need

Physical flow · Direct · Timber → Biomass

Building or running Biomass needs timber.

2. Price link: by-product

Cost and price · Weak · Both ways

Sawmills produce wood chips and sawdust, sold as fuel and for pulp. The biomass proxy is a US wood chips index, and shows little link: monthly moves correlate at 0.05 and yearly moves at 0.09, because local energy markets set chip prices.

• 0.05 monthly change correlation
• 0.09 12-month change correlation
• -0.47 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.