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Price of oil and ng all time lows why are pellets still wayyyy overpriced?, the bubble has to burst soon, by spring they will be stuck with 1000's of tons as I wont be buying pellets until there $150 a ton
I would expect the market might adjust next year if it does at all. Folks are committed to burn this winter and most will stick it out until Spring. Next year, if the alternate energy options remain lower priced, I would guess the wholesalers will have to make an adjustment or suffer the consequences as users change to another heating resource. I assume that energy costs are also dropping in Europe so that might reduce export demand for pellets from the US as well.
Price of oil and ng all time lows why are pellets still wayyyy overpriced?, the bubble has to burst soon, by spring they will be stuck with 1000's of tons as I wont be buying pellets until there $150 a ton
On thread, I think pellets are a pretty good price nationally, some higher, some lower but factoring inflation and the dillution of the dollar, they still seem like a bargain to me.
I have been told that the price of pellets will be going up and not down. The reason for this is because they use a lot of electricity to make the pellets. With the price of electricity going through the roof that doesn't help.
I was asking the guy in SE mass lol.. I live in SE mass too and was wondering where he was seeing that I just turned down a ton of pellets for 366 a ton
This is a two part question. The first part of this question is "Why." "Why" is a question that has been asked of wiser men than I for millennia and there is no real answer so I shall not attempt to answer it.
The second part of the question is "Are pellet prices not dropping?" The answer to that question is, "Yes."
Price of oil and ng all time lows why are pellets still wayyyy overpriced?, the bubble has to burst soon, by spring they will be stuck with 1000's of tons as I wont be buying pellets until there $150 a ton
When all you decide to sell your Hamans and Quads cheap, let me know and I'll come up with a tractor trailer and load 'em up and bring them back here for corn burners.....