Price of wood pellets in Germany continues to fall

Prices for wood pellets continued to fall in February, but more slowly than before. The price for wood pellets in Germany continued to fall slightly in February. According to the German Pellet Institute (DEPI), the average price is €314.30/t. Compared to the previous month, this is 3.9% less. Compared to the same month last year, when pellet prices were on the rapid decline from their record highs, this is actually 27% less. Accordingly, one kilowatt hour of heat from pellets costs 6.29 cents. There is a price advantage of 40% compared to heating oil ...