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July 12, 2022
Pellet prices considerably higher in Western Europe on a year ago
Due to the Ukraine war, around 10% of pellets are missing on the world market. This primarily affects power plants that produce electricity with pellets, but the heating industry is also affected and is feeling the increased demand due to higher prices for imported pellets. Thus, the price of wood pellets is considerably higher in some Western European countries as compared to a year ago. Germany A high demand paired with high production costs mean that the price for pellets continues to rise. In comparison to heating oil and natural gas, however, pellets extend their price ...
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