Pellet prices fell in Germany to \u20ac555\/t in the second week of November. This means that wood pellets now cost \u20ac160 less than four weeks ago and just under \u20ac240 or around 30% less than at the end of August when prices hit the \u20ac800 mark.<\/p>\n
In the last two weeks alone, pellet prices have fallen by around 80 euros per tonne. Prices fell particularly sharply at the beginning of October and now at the beginning of November. At the beginning of November, the EUR 600 mark was broken through for the first time in four months.<\/p>\n
Prices slide<\/strong><\/p>\n One reason for the sharp drop in prices is likely to be the falling timber prices, especially the falling prices for construction timber. These also pull the other wood prices down with them. Added to this, of course, are the prices for other energy sources, which have also fallen significantly recently - such as for heating oil, where prices have literally plummeted. But gas and electricity have also become significantly cheaper on the spot markets recently, even if consumers do not (yet) have anything from them, this affects the energy markets as a whole.<\/p>\n According to the surveys of the dealer network Heizpellets24 at the beginning of this week (14.11), wood pellets cost a national average of 555 \u20ac\/t and thus 64 \u20ac less than a week ago. In mid-October - ie four weeks ago - pellets still cost around \u20ac715\/t on the federal average, or \u20ac160 more.<\/p>\n Further development unclear<\/strong><\/p>\n Whether prices will stabilize at this significantly reduced level or whether they will fall further depends on at least two factors. On the one hand from the further development of the wood prices, which are currently also falling.<\/p>\n However, the other energy prices remain just as important - in addition to heating oil, gas and electricity - which are still extremely expensive for consumers despite the fall in spot market prices and continue to favor heating with wood (firewood) or pellets, especially if pellet prices continue to fall.<\/p>","protected":false},"excerpt":{"rendered":" Pellet prices fell in Germany to \u20ac555\/t in the second week of November. This means that wood pellets now cost \u20ac160 less than four weeks ago and just under \u20ac240 or around 30% less than at the end of August … Continue reading