Biomass and heat trade statistics June of 2022

2022 07 14
  • BWCS (Baltpool Wood Chips SPOT) LT index value reached 29.30 Eur/MWh in June. Compared to the value in May, the index has recorded a growth of 20%, and compared to the results of the previous year, the index value is 142% higher;
  • The total amount of biomass delivered, compared to May, increased by 2% to 318,670 MWh (70.3% was delivered under short-term contracts). Compared to the corresponding period last year, the amount of delivered biomass increased by 10%;
  • The average price of short-term transactions concluded in Estonia was 27.00 Eur/MWh;
  • The average price of short-term transactions concluded in Latvia was 37.53 Eur/MWh.

WOOD CHIPS PRODUCT STATISTICS

One-week contract prices

Contract prices and turnovers

Lithuania, Eur/MWh Latvia, Eur/MWh Estonia, Eur/MWh Turnover, MWh
Short-term (W+M) 26,83 35,29 26,57 224.130
Future prices according to current long-term transactions (Q+H):
     Q02-2022 28,21 112.150
     Q03-2022 27,60 117.230
     Q04-2022 35,87 79.140

WOOD PELLET PRICE STATISTICS IN LITHUANIA

One-week contract prices

Contract prices and turnovers in Lithuania 

Lowest price, Eur/MWh Highest price, Eur/MWh Weighted average price, Eur/MWh Turnover,
MWh
Short-term (W+M) 61.00 95.20 86.44 2,830

OTHER PRODUCT PRICE STATISTICS

One-week contract prices

Contract prices and turnovers in Lithuania (all supply periods)

Lowest price, Eur/MWh Highest price, Eur/MWh Weighted average price, Eur/MWh Turnover,
MWh
Peat for fuel 23,00 23,00 23,00
Biomass and lignin mixture 14,00 15,00 14,50 1.400

HEAT AUCTION STATISTICS

  • In June 2022, an auction was held for the purchase of heat quantities for July 2022.
  • The weighted average heat purchase price was 2.44 ct/kWh and was 14% lower than the heat supplied for the month of June (2.83 ct/kWh). Compared to the same period last year, the price is 105% higher (1.19 ct/kWh).
  • For the month of July, the amount of heat purchased amounted to 172,838 MWh – this is 1% more than the amount of heat purchased for the month of June, and compared to the results of the same period last year, the amount of purchased heat decreased by 2%.

March heat auction results

Country’s average heat price, ct/kWh

TIMBER TRADE STATISTICS