The Austrian pellet price in June 2024 fell by 0.4 per cent compared to the previous month. This was announced by the industry association Pro Pellets Austria (PPA).

At EUR 285.30 per tonne, the average pellet price in June 2024 is 25.1 per cent lower than a year ago, according to PPA.

Austrian pellet price in June 2024 for a purchase of six tonnes
West (Tyrol and Vorarlberg): 287.00 euros per tonne
North (Lower and Upper Austria, Salzburg, Vienna): 285.90 euros per tonne
South (Burgenland, Carinthia, Styria): 284.70 euros per tonne

Austrian pellet price in June 2024 for a 15-kilogram bag
5.05 euros

The price of a pellet bag when ordering a pallet has fallen by 0.9 per cent compared to May 2024 and by 22.4 per cent compared to the same month last year.

Austrian pellet price in June 2024 with purchase of 17 tonnes
245.01 euros per tonne

The commercial price fell by 0.4 per cent compared to May 2024 and by 24.1 per cent compared to the same month last year.

Current comparison of energy sources
According to the PPA, no other heating fuel can currently compete with pellets in terms of price. The heating cost comparison refers to the calorific value of the fuel. It does not take into account the efficiency of heating systems.

Pellets: 5.99 euro cents per kilowatt hour

Heating oil: 11.74 euro cents per kilowatt hour

Natural gas: 1625 euro cents per kilowatt hour

Electricity: 34.08 euro cents per kilowatt hour

How PPA determines the prices
PPA has been calculating pellet prices in Austria on a monthly basis since 2006. To do this, the industry association collects data from more than 50 fuel traders. According to its own information, it records more than 70 per cent of the traded fuel volume in this way. Its survey is therefore a reliable indicator for the development of market prices. PPA calculates the average price by cancelling out the two lowest and two highest trader figures. The survey of traders generally takes place in the first week of the month. PPA publishes its results around three weeks later.

Source:  PPA