Germany: Sharp drop in wood pellets prices

Germany: Sharp drop in wood pellets prices
The price of wood pellets in Germany dropped by 4.1% in May compared to the previous month.    The average price per tonne is € 242.27 / t (6 t purchased), equivalent to 4.85 cents per kWh of heat. Heating oil costs 6.92 cents / kWh and natural gas 6.27 cents / kWh. The price advantage of pellets over fuel oil is 30.0% and over natural gas 22.7%.    Compared to the same month of the previous year (EUR 239.05 / t), the average price has increased by 1.3%.  ...

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