Wood pellet prices rose sharply in January 2026, extending the upward trend already visible at the end of last year. Both loose and bagged pellets became significantly more expensive over the course of the month, as sustained cold weather pushed up consumption while market availability remained tight. Prices for loose pellets increased by close to €20 per tonne within a few weeks, while bagged pellets saw even steeper gains. Market participants point to the prolonged cold spell as the main driver, with households consuming pellets at a faster pace and returning to the market sooner than planned. With winter ...
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