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Wood Pellet Stock Tracker

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If you'd like to stay abreast of the current wood pellet situation please keep an eye on our social media accounts - we will be updating the stock and availability situation there in real time.
Alternatively, if you would like to be notified on email when we have pellet availability, please provide your email address below.

Latest Wood Pellet Stock Update


**10.20 09/04** We've received tonnes of Firepower stock into our warehouse last week, and so we've introduced a £5/pallet saving on any order of 4 or more pallets of Firepower.
 
Firepower pellets still cost just £285 per pallet, and now includes an extra bag - 65 bags a pallet (975kg), saving you nearly £5/tonne.


**15.55 28/03** We're nearly out of stock of Firepower pellets. As we have a LOT of stock coming in next week, we will make these available for pre-sale and stock will be dispatched next week Wednesday for delivery before the end of next week for pre-orders. Please note that Firepower Pellets will now contain 65 bags/pallet - we have managed to hold the price the same.

All other brands are currently in stock and should remain in stock for the foreseeable future. Please note we have now removed the limit on pallets per orders, so customer may order multiple pallets per order.

**10.15 26/03** Firepower Pellets have be made available again to order online making, Firepower PelletsPlatinum PlusWoodlets, & Unbranded Pellets are all available with same day dispatch.

**10.30 23/03** Firepower PelletsPlatinum PlusWoodlets, & Unbranded Pellets are all available with instant dispatch.
**10.30 21/03** More Platinum Plus will be made available on the website from 11.00. Unbranded Pellets are selling quickly & are available with instant dispatch.
**10.00 20/03** Platinum Plus will be back available this morning from 11.00
**09.30 19/03** Unbranded Pellets are a brand new Wood Pellet that we're selling for a while stocks last 65x 15Kg - £280
**17.10 16/03** Platinum Plus will be back available on Monday 19/03 from 11.00
**09.30 16/03**
 Platinum Plus are back in stock today. Stock will be made available from 11.00. Due to demand we would advise ordering online
**10.30 15/03**
 Firepower Pellets are now back available to order online
**14.30 13/03** Platinum Plus will be available from on Friday 16/03 from 11.00
**09.15 12/03**
 Firepower Pellets & Woodlets remain in stock ready with instant dispatch.
**09.45 08/03** Firepower PelletsPlatinum PlusWoodlets, & Granulta all remain in stock with same day dispatch
**09.40 07/03** Firepower Pellets & Woodlets will all be placed on the website today from 11.00 
**10.30 06/03**
 Firepower Pellets & Platinum Plus have arrived at our warehouse & will be available to order online at 11.00. We would advise ording online due to demand.
**13.45 05/03**
 Platinum Plus & Firepower Pellets are now out of stock. We have more stock arriving on Tuesday 05/03
**10.30 05/03** 
Stock of Firepower Pellets & Platinum Plus will be available to order online at 11.00. Due to shipping delays we don't initially forecast large quantities of available pellet stock at the start of the week. With more items are arriving thought-out the week.  
**09.00 05/03** Following the nationwide weather conditions. Wood pellets arrivals have been delayed into our warehouse. We hope to have stock news Mid-morning
**09.50 01/03** Stock of Firepower Pellets & Platinum Plus will be available to order online at 11.00

Wood Pellet Shortage??



April Pellet Update
 
This has been an unprecedented winter for the wood pellet market in the UK. Both Local and International markets have been hit by the perfect storm of increased demand and significant supply constraints.
 
Historically, by April we would expect to see some producers reducing their ex-gate pricing and for this price relief to be passed onto customers quite quickly. This year will be entirely different – in fact during the last week of March we had some of our supply prices increase by a further 10%!
 
We expect what price relief there to be this summer to be small – in the range of £5-£10 per tonne – and late, we would expect this to happen toward the end of May at the earliest. We do however expect most retailers stock positions to have come back to normality by mid-April. This coming winter our supply prices should be fairly consistent to what we experienced this year. Given the impact of the exchange rate on the market, we won’t understand until much later in the year the effect on pricing. However, we would expect prices to be comparable with what we saw this winter.

Update 12 January

We are still seeing large scale shortages across the market with most bagged suppliers providing 50% or less of their typical winter volumes.

The European fibre situation is still in a critical stage - The Latvian Government has recently declared a disaster in the forestry sector due to flooding. This means that producers in Latvia have been able to trigger the Force Majeure provisions in their supply contracts to avoid non-supply penalties. The Latvians are not the only producers who have been struggling with the conditions - indeed most of the Eastern European producers from Russia across the Baltics and Ukraine and Belarus have suffered from similar challenges. Fortunately the weather has turned in the last week, allowing most logging operations to recommence, however there is a significant delay from the time timber is felled until a pellet can be delivered to a consumer. We don't believe the production challenges will abate until at least the middle of February, by which time the pent-up demand in the market is likely to keep supply tight and prices high well into the start of April.

Despite the market challenges, White Horse Energy is bringing substantial quantities of product to the market (at present our weekly volumes are 30%-50% up on last year). Unfortunately to deliver these volumes our costs have shot up dramatically (by 30%-40%/tonne). At present we have managed to limit the impact on the consumer to an increase of just 16% over prior years. Our ambition is to secure as much supply as possible for our customers in order to ensure that everyone who needs pellets can get pellets. As soon as we are able, we will reduce our pricing in line with our supply costs. While it is very difficult to determine exactly when this will happen, we'd like to think we would see price reductions from the end of February.

Our long-term view remains that next winter we will see pellet prices somewhere below this winter's pricing, but above previous winters. Despite what has contributed to a perfect storm for the pellet market this year, wood pellets remain a very stable priced energy commodity relative to the alternatives - Electricity, Gas and Oil regularly see price swings far in excess of what the pellet market has seen this year. 


Why
If you’re shopping for wood pellets right now you’ve probably noticed that the majority of retailers either don’t have stock, or have dramatically increased their prices. Fundamentally, what we’re looking at is a European wide shortage of wood fibre (the raw materials pellets are made from) that has severely restricted supply and massively increased the cost of pellets at point of manufacture. For the short term we expect availability to remain patchy throughout December with supply normalising to some extent in January, but for prices to remain where they are (or in some cases increase further) until at least April.
 

The Situation in Europe
For the last few years the European pellet market has been in a position of oversupply. An abundance of the wood fibre used to manufacture pellets combined with a number of mild winters contributed to create a buyers’ market where pellets were readily available and prices were at historic lows.
This winter, a number of biomass fuelled power stations in Europe have come on line. These have created significant demand for the same raw material. Additionally, much of Europe has had an unseasonably warm and wet Autumn – this has led to timber operations in many European forests being halted. They rely on frozen ground providing access to their heavy machinery into the forests – when the ground is wet and unfrozen, they either can’t gain access because their kit gets stuck, or their operations are significantly hampered.
So, we’ve got significantly higher demand (from both the traditional wood pellet market and biomass power industry), and significantly lower supply of raw material. In some cases, we’ve seen raw material costs increase by as much as 90%, in others the raw material just isn’t available, regardless of what one is willing to pay.
Due to this materials shortage, the majority of pellet producers are running at reduced capacities. Quite a lot have simply ceased production until the raw materials are available again.
Finished pellet prices are now around 30% - 20% higher now than they were last year.
 
The Impact in the UK
The UK is currently a net importer of wood pellets (i.e. we import more than we export.) Hence any prices changes in Europe are quickly reflected in the local market - UK producers who have been forced to sell at a loss in recent years to compete with imports are suddenly able to charge a ‘sensible’ price to their retailers.
Last week these supply side pressures were further exacerbated by strong winds on the East coast of England which meant that a number of container ships with significant stock on them were unable to dock until nearly a week after they were due.
White Horse Energy prides ourselves on holding sufficient buffer stock to deal with these eventualities. Unfortunately, it seems a number of our competitors don’t – hence when customers weren’t able to buy pellets from their normal retailer, they bought from us instead. Great news for us, but unfortunately our stock holdings weren’t able to deal with volumes in excess of double our projections, combined with a delay in inbound stock.
We are still seeing much stronger sales of pellets than anticipated for the time of year. As a result, all of our pellets are currently being sold with a future dispatch date (See the wood pellet page for up to date details). These are updated constantly and are visible on the website by product. We will never sell a pallet of pellets that we don’t have, so while there may be a delay in dispatch compared to our normal service, you can be confident that if we have sold you pellets, these will be with you in line with the delivery date estimate on your invoice – typically sooner.


The Impact for White Horse Energy Customers
We expect UK supply of pellets to be somewhat patchy throughout the remainder of December (and hence place some pressure on our availability). However, we are confident that come January things will have settled somewhat.
 
In terms of pricing we anticipate prices staying the same, or if they do increase, increasing only marginally from current levels from now until the end of March.
 
Retail prices are currently up 10-15% on a year ago. Given that wholesale prices have increased 20-30% and raw material prices have increased by up to 90% I think the market as a whole has done a very good job at finding additional efficiencies and absorbing costs in order to limit the price increase being passed on to consumers.