Wood pellet inventory level at Northeast Wood pellets....

Cincinnati Kid said:

I drove by the old Pennington wood pellet plant in Peebles, OH on RT 32 earlier this week. This mill was purchased by Northeast Wood Pellets two years ago and they sell a brand called ThermaGlo Wood Pellets.

The mill is next to the road so you can easily see their inventory levels. I've been to a few mills before but have never seen the amount of pellets they had in inventory. There was an area, probably the size of a football filed, that was completely filled with pallets of wood pellets. I cant even imagine how many tons or truckloads they had in inventory.

Hopefully other mills have similar inventories and this will translate to lower prices for the consumer.

Click to expand...

Cincinnati Kid said:

I drove by the old Pennington wood pellet plant in Peebles, OH on RT 32 earlier this week. This mill was purchased by Northeast Wood Pellets two years ago and they sell a brand called ThermaGlo Wood Pellets.

The mill is next to the road so you can easily see their inventory levels. I've been to a few mills before but have never seen the amount of pellets they had in inventory. There was an area, probably the size of a football filed, that was completely filled with pallets of wood pellets. I cant even imagine how many tons or truckloads they had in inventory.

Hopefully other mills have similar inventories and this will translate to lower prices for the consumer.

Click to expand...

alternativeheat said:

The local LG dealer is saying they have inventory for going into next year. So not only did many of these pallets sit out all winter but now they will weather a summer here apparently. Holding right now at $6.50 a bag incidentally, when HD sold out and Lowes is selling out at $3.99. Although that's the cheap stuff, Lowes in their infinite wisdom somehow seems to think Stove Chows is the "good stuff" and asking $6.99 a bag. Their nuts if they think I'll pay $6.99 for those when I can get LG for $6.50 and less by the ton.

Click to expand...

alternativeheat said:

The local LG dealer is saying they have inventory for going into next year. So not only did many of these pallets sit out all winter but now they will weather a summer here apparently. Holding right now at $6.50 a bag incidentally, when HD sold out and Lowes is selling out at $3.99. Although that's the cheap stuff, Lowes in their infinite wisdom somehow seems to think Stove Chows is the "good stuff" and asking $6.99 a bag. Their nuts if they think I'll pay $6.99 for those when I can get LG for $6.50 and less by the ton.

Click to expand...

Husky said:

My local Lowes just marked down all it's pellet inventory 50% this week. I can now get their Green Team for $175 a ton and their cheaper pellets for $100 a ton.

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