Austrian retail wood pellet prices edged up in January, Austrian wood pellet association ProPellets said. Pellets were sold at an average European dollar 237/t ($258/t), up by 2.5pc from December, but down by 4.6pc from January last year. Average prices since 2000 show that November and December are usually the most expensive months, buoyed by a rise in demand. But higher than average temperatures in Austria in November and December helped subdue demand in the region. This meant that prices in November and December were below January’s - November’s average price was European dollar 230/t, while December’s was European dollar 231/t.
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