Looks Like WE HAVE A PELLET GLUT on our hands this year !!

investor7952 said:

......WHAT CHANGED IN 5 MONTHS?.......

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Pretty obvious answer to that question.....very low prices for HHO & Nat. Gas

Well -- my local HD has Fireside Ultras for $299/ton. I won't be considering them even with their promotion since I can get pellets for $279/ton (such as Barefoots) and others for less.

$259/ton here. Highest summer buy price I have seen ever

Yeah, it's the same thing with stoves... there are no long waiting lists for installations like at this time last year (which is when I was shopping for mine and looking at a 4 month wait), and to my knowledge no one is refusing orders like they began doing last year. Was insane last year! Cutthroat even

As for the pellets, there does appear to be a glut and it certainly would make sense... they had every reason to believe that the trend in demand for pellets (even if not stoves) would continue after last season, and so production got ramped up. But then the price of oil and gas plummeted and voila! Falling pellet prices all summer long, until here we are in September with some of us seeing prices that might genuinely be called cheap!!
I'll be ordering 5 tons this week @ $209/ton ($223/ton delivered).
Bag it! Tag it! Ring 'em up!

ineclipse said:

........I'll be ordering 5 tons this week @ $209/ton ($223/ton delivered).......

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Hey ineclipse, looks like your going for the Home Depot 5 ton deal? Which pellets?

Dealer I bought my stove from is asking $310/ton for White lightning pellets. Early April I bought my pellets for $213/ton at Menards, Somereset and Rocky Mountains. I asked for a quantity discount if I purchased 10 ton. Original price was $299/ton. I walked in Menards today and they are selling Somereset and Rocky mountains for $199/ton. Price must be dropping or this is just a loss leader. I don't see how my stove dealer will sell many pellets from what he is asking.

Bantam said:

......I walked in Menards today and they are selling Somereset and Rocky mountains for $199/ton.......

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Bantam, make you post this price up on the Fuel Price Reports section at the top of the forum page....that's a really good price for pellets, IMO.

We just had a local mill come on-line 100,000 ton annual capacity .$250 /ton picked up at mill. I do not think anyone around here is going to have problems finding pellets.

Ncountry said:

We just had a local mill come on-line 100,000 ton annual capacity .$250 /ton picked up at mill. I do not think anyone around here is going to have problems finding pellets.

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Ncountry, where in NY? Brand name of the pellets?

wow, it was not that long ago that tons where $169. I wish i had bought a warehouse back in 2005. Pellets seem steady here. I call around and there are no pig prices local. However, i just got through stacking my 3 tons, and i see that it will not take much room to stack three more tons. I can get piggish real fast.

Look at this fool on craigslist....not only are his prices waaaaaaaaaaaaaaaaaaay off the mark, but the fool says NJ sales tax will be applied to pellet purchases. Did I mention that this guy is a fool?

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Date: 2009-08-20, 10:34PM EDT
Reply to: [email protected] [Errors when replying to ads?]

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I was at the new Tractor Supply Store in North Windham,CT last week,and the manager stated that the company has a supply of over 300 tons in a warehouse. Also had a sales person from Burn Time pellets in Bristol , CT call me several times this season asking me if I was ready to buy yet.When's the last time a pellet dealer CALLED! someone to buy pellets?I'm seeing a lot of pellets this year but the prices are still on the high side.

investor7952 said:

When have you seen Sept prices much lower for pellets that july and Aug from pellet sales.com? Sept prices 275 a ton oct prices 285 a ton.

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Just checked woodpellets.com / pelletsales.com. LG for 269.90/ton Sept, 279.90 Oct. They have been dropping steadily on this site over the past month. It seems like as a new month starts, the price drops from the previous month.

Still charging for delivery for under 6 tons at a flat rate

macman said:

Ncountry said:

We just had a local mill come on-line 100,000 ton annual capacity .$250 /ton picked up at mill. I do not think anyone around here is going to have problems finding pellets.

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Ncountry, where in NY? Brand name of the pellets?

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The mill is in massena on the canadien border. The company's name is Curran Renewable Energy . I am not sure what name they are marketing them under yet.

$250 per ton (U pick up) at TSC in Pittsfield. That`s the lowest I`ve seen here in a year.

What's different from last year??................................do any of you remember that oil was $145 a barrel last summer

macman said:

ineclipse said:

........I'll be ordering 5 tons this week @ $209/ton ($223/ton delivered).......

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Hey ineclipse, looks like your going for the Home Depot 5 ton deal? Which pellets?

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Hey Macman,
That deal is being offered by both the HD and Lowe's in the area, and so I've just got to go ahead and make a choice! It's down to being between Stove Chow (HD) and Clean Energy (Lowes). I know it's risky buying for the whole season without being able to burn a few bags first, but I can't count on the temps in September here giving me the chance to do that, and these deals expire 9/30 - and I REALLY need to save some dough this year.

I burned Eureka pellets last year, which seemed great and were stocked by my stove dealer, but for which I paid $295/ton ($320/ton delivered)! For this year, they're still only taking orders and can't say which brand they'll have, but nonetheless, they're STILL charging $295/ton!! Feel kinda sorry for the suckers who are ordering through them.

Peace.

The price of pellets makes it not worth it, factor in the cost of the stove, installation, pipes and pellets you can burn oil/gas for many years to recoup, it's all a monopoly and i'm not buying until pellets are under $200, rather i'll use my stove as a conversation peice.
All you people here dont be fools!!

PK Do you keep your house at the same temp on oil vs pellet? The last time you put yer butt up to a register, did it feel the same as when you stood in front of your stove?

And when you figure out the monopoly please let me know how it's all workin..............

BTU said:

But you will buy your oil from a foreign country, whose people would rather kill you, than give you the time of day and export your dollars to support them, so they can plot how to come back and harm our nation...

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You mean...Canadians?!?!

:bug:

This isn't a global phenomenon. When I bought my pellets at Lowes a few weeks ago they had a little over 60 tons at their Windham, ME store. That same store now has over 150 tons on order (meaning, people waiting for them to come in). While I am sure that there are still many places in Maine to get pellets TODAY, the sheer number of sales by just that one store in a few weeks points to the fact that people are still buying pellets, and things can change fast.

I really wished we Canadian's up here had your problem as far as cheap pellets...the cheapest I have seen is Eastern Embers at $5.99 a bag x 70 bags (1.4 ton) = $419 + 13% sales tax and at the end of the day we have had a few mills open up this year and the price has gone up this year and not down....share the wealth an ship those pellets up north

Johnny Reb said:

I really wished we Canadian's up here had your problem as far as cheap pellets...the cheapest I have seen is Eastern Embers at $5.99 a bag x 70 bags (1.4 ton) = $419 + 13% sales tax and at the end of the day we have had a few mills open up this year and the price has gone up this year and not down....share the wealth an ship those pellets up north

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why have I been reading about some of you guys paying sales tax?.....canada may be different but i have seen some posts from guys in the us paying it

I know here in New Brunswick,Canada we pay tax on everything at one time they talked about taking the tax off home heating but that didn't happen....to the best of my knowledge in some states they do not pay tax on heating fuel whatever it may be