Wood pellet prices across Central Europe have moved higher again in February, driven by prolonged cold weather, tighter stocks and renewed demand from households that delayed purchases late last year. After a relatively calm autumn, the market has shifted sharply since December. In several countries, pellet prices are now at their highest levels since mid-2023. Germany: cold weather pushes prices to two-and-a-half-year high In Germany, pellet prices surged in January and continued to rise into February 2026. Loose pellets increased by roughly €30 per tonne in January alone. In early February, buyers ...
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