FutureMetrics tool shows Brexit impact on pellet sector
July 5, 2016
By Brandi Cowen
July 5, 2016 – FutureMetrics has created a dashboard to help the industrial pellet sector determine how devaluation of the British pound relative to the Canadian dollar affects the pellet supply chain.
The pound has lost more than 10 per cent of its value since June 23, when the United Kingdom voted to leave the European Union.
The dashboard lets users enter current data, including prices for wood pellets and exchange rates, in order to calculate earnings before interest, tax, depreciation and amortization (EBITDA).
Users can choose from Canadian and U.S. dollars on the producer side and from pounds and Euros on the buyer side.
To view the dashboard, click here.
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