Germany: Pellet price in March remains at winter level

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The price for wood pellets in Germany has increased in March, with different regional characteristics.

According to the German Pellet Institute (DEPI), one ton (t) of pellets costs an average of EUR 239.83 (purchase of 6 t). That is 1.4 percent more than in February and 6.6 percent less than last year. The price per kilo is accordingly 23.98 cents, the kilowatt hour (kWh) of heat from pellets costs 4.80 cents.

In north / east Germany pellets are cheaper than in the previous month, in the middle and south the price has increased slightly. The price advantage over heating oil is 23.8 percent and that over natural gas around 24 percent.

Regional prices

The following regional differences arise in the price of wood pellets in March 2021 (purchase quantity 6 t): In southern Germany, pellets are again the cheapest at 237.14 euros / t, closely followed by northern Germany with 237.44 euros / t. In central Germany, the pellets currently cost 240.89 euros / t.

Larger quantities (26 t) will be traded in March 2021 at the following conditions: south: 222.46 euros / t, center: 223.64 euros / t, north / east: 223.91 euros / t (all including VAT) .

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