HOUSTON, Nov. 19 /PRNewswire/ -- Global energy price reporting agency Argus has expanded its existing coverage of US biomass markets.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091119/DA14418LOGO)

The new coverage includes assessments at domestic delivery locations that reflect the increased trade in industrial wood pellets. The additional coverage supplements existing Argus assessments of US east coast and west coast biomass export prices.

"Argus sees the potential of biomass internationally," Argus Media chairman and chief executive Adrian Binks says. "We have a unique opportunity to offer insight into the emerging US biomass market by applying our global coal, gas, power, oil, emissions and freight expertise."

The new assessments complement existing insight for northwest Europe delivered and North American export markets. The US domestic market coverage launched today includes seven new assessments for domestic US prices of industrial grade wood pellets.

US delivery locations include:

- Portland, Maine

- Camden, New Jersey

- Wilmington, North Carolina

- Port Everglades, Florida

- Mobile, Alabama

- Chicago, Illinois

- Seattle-Tacoma, Washington state

The new US assessments are available in Argus Biomass Markets, a weekly report featuring international wood pellet markets, spot and forward price assessments and the latest biomass news.

View methodology for Argus Biomass Markets and a variety of other Argus publications online at www.argusmedia.com/methodology.

For further information contact: Tammy Tiedt at tammy.tiedt@argusmedia.com or +1 713 429 6309.

About Argus

Argus Media is a leading provider of price assessments, business intelligence and market data on the global biomass, natural gas, coal, electricity, oil, emissions and transportation industries. It is headquartered in London and has offices in Houston, Washington, Jersey City, Johannesburg, Dubai, Singapore, Tokyo, Beijing, Sydney, Moscow, Astana, Kiev and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company. Learn more at www.argusmedia.com.

SOURCE Argus Media

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