Price of wood pellets in Germany up 4.7% this month

Izvor:
DEPV/Fordaq
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A higher demand for wood pellets went to a price increase of 4.7% in Germany during February, as compared to the previous month. The price of EN plus wood pellets reached an average of EUR 253.39/tonne, also 4.6% more than in February 2016.

According to the survey of the German Energy Woodand Pellet Association (DEPV), wood pellets have a price advantage over natural gas of around 21% and of 13% to heating oil.

During February 2017, the wood pellets’ price has the following regional differences: in northern Germany the price was the most favorable, set at EUR 246.34/t (for a 6 t purchase). In central Germany, the price is EUR 250.28/t, while in southern Germany the 6 t amount costs EUR 256.27/t.

Larger quantities (26 t) were traded in December in the following conditions: central Germany: EUR 233.50/t; south: EUR 241.54/t, north and east: EUR 231.90/t. (all including VAT).

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