Wood pellet price has doubled since January | Economy

“We don’t make any extra profit ourselves,” says Stéphanie Deleul, spokesperson for Arvesta. “Our margins have remained the same, but the purchase price has just doubled.”

Deleul refers to the war in Ukraine and rising energy prices as the reason for the price increase. “Our supplier informed us that the supply of raw materials from Russia and Ukraine has almost completely stopped. In addition, the demand for wood pellets has also increased as people increasingly look for alternatives to the high energy prices. This ensures that the price of wood pellets also continues to rise,” it sounds.

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