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October 17, 2019

Germany: Seasonal price increase for pellets in October

Germany: Seasonal price increase for pellets in October
As usual for this time of year, the price of wood pellets in Germany rose by 2.1% in October. For 6 tons (t) purchases the price currently stands at EUR 247.17/t. The price advantage of pellets compared to heating oil is 25.0 percent, compared to natural gas 21.7 percent.    "As expected, the price of pellets rose in October. This is a typical seasonal development, "explains DEPV Managing Director Martin Bentele. "Experienced pellet buyers know the typical curve over the course of the year and have already filled their warehouses or ordered ...

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