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Germany Pellet prices fall below 500 euros

[Nov 30, 2022]

In November, pellet prices fell by 135 euros per ton. And this week, too, the prices rushed down by another 40 euros. In some regions, wood pellets currently cost less than 450 euros per ton!
The prices for wood pellets fall below 500 euros per ton. This is the lowest pellet price since July - ie for 5 months. In November alone, pellet prices fell by 135 euros or more than 20%. And it doesn't look like prices will stabilize at the moment. In some regions, buyers already have to pay less than 450 euros per tonne.

One reason for the sharp fall in prices is likely to be the recently significant fall in prices for other energy sources, such as heating oil . Prices there have continued to plummet this week.

But gas and electricity are also still very cheap on the spot markets, even if that fills the pockets of suppliers in particular - because consumers don't benefit from it. Nevertheless, this influences the energy markets and prices.

In November alone, pellet prices fell by around 135 euros per tonne . Prices fell particularly sharply in early October and early November. And this week, too, the pellet prices rushed down by a further 40 euros after a brief stabilization. This was the first time in 5 months that the 500 euro mark was broken through.

In some federal states, wood pellets now cost less than 450 euros! According to the surveys of the dealer network Heizpellets24, pellet buyers only pay 498 euros per ton at the end of this week (25.11), which is 40 euros less than at the beginning of the week.

At the end of October - that is four weeks ago - wood pellets still cost around 715 euros per tonne on a national average, or 220 euros more than now.

Pellet prices fall below 450 euros regionally

The production of wood pellets is based on the sawmill by-products from sawmills and the furniture industry. The resulting chips are pressed into wood pellets and processed into a standardized fuel with standardized properties.

Nevertheless, there are still very large regional price differences, which make a price comparison meaningful in any case. In some regions, prices have fallen by 80 euros per ton this week alone – twice as much as the national average.

The price differences in the offers of the regional pellet dealers have recently become somewhat smaller - but are still surprisingly large. Wood pellets are cheapest this week in Hesse, Bavaria, Lower Saxony, Rhineland-Palatinate, Baden-Württemberg and Thuringia.

Pellets currently cost the most in Brandenburg, Schleswig-Holstein and Mecklenburg-Western Pomerania.

According to the surveys by the industry service HeizPellets24, pellet prices in Hesse on Thursday were only 448 euros per ton. In Bavaria, consumers only have to pay 467 euros this week.

In North Rhine-Westphalia the pellets cost an average of 475 euros and in Lower Saxony they cost an average of 491 euros per ton. In Rhineland-Palatinate, wood pellets cost around 485 euros.

Pellets are the most expensive this week in Brandenburg and Berlin, at EUR 513 and EUR 510 per ton. However, the availability of goods in retail has recently improved further, say the retailers on Heizpellet24.

Source agrarheute.com