Stores set fuel pellet purchase limits - producers say there's plenty to go around

Latvian stores have implemented purchase limits on wood pellets due to a surge in consumer demand ahead of the winter season. Industry experts describe the situation as temporary 'hype' and expect the market to stabilize within a month.
Why it matters
Panic buying of heating fuel highlights consumer anxiety regarding energy security and supply chain fluctuations in the Baltic region.
Demand has grown rapidly, but the association representing the industry says the market is gradually starting to calm down and, most likely, the situation will stabilize within a month. Many houses and businesses in Latvia use dry wood pellets as their principal heating source during the long, cold winter. As the hype in the pellet market has begun, stores have set restrictions. In both "Depo" and "KSenukai" stores, one buyer can purchase a maximum of two pallets of pellets per day. The stores admit that the demand for pellets is still high but are reluctant to comment in detail. Didzis Palejs, chairman of the board of the Latvian Biomass Association "LATbio", says that this is temporary hype: "Quite simply, the reason for the hype is that people are preparing for the next season in good time.
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