Germany: Pellet prices fall sharply in May

Germany: Pellet prices fall sharply in May
The price of wood pellets in Germany fell again in May and is now € 230.22 / t for a 6 t purchase quantity. This is a decrease of 6.4% compared to the previous month and by 5.0% compared to May 2019. Most recently, the pellets are as cheap as in November 2016.     "Experienced pelletizers use the low spring prices to refill their pellet store and prepare for winter," explains DEPV Managing Director Martin Bentele. "At the end of the heating season, the pellet price drops and the warehouse is usually empty," explains the industry ...

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