Trade overviews

  • Biomass exchange overview – July 2020

    Biomass exchange overview – July 2020

    2020-08-13

    The total turnover of the exchange increased by 39% in July. Buyers are using a novel strategy of buying biomass for the forthcoming heating season. Trade abroad was successful, and contracts for 14,026 MWh of biomass were concluded. Continue reading

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  • Biomass exchange trade overview – June 2020

    Biomass exchange trade overview – June 2020

    2020-07-20

    Compared to the price of the heating season in Lithuania last year (12.54 EUR/MWh), the currently forming price of the forthcoming heating season is 14% lower (10.73 EUR/MWh). To date, approximately 25% of the total demand for biomass of the forthcoming heating season has been satisfied. The greatest share (approximately 69%) was secured by Tauragė County. This figure was 62% for Utena County, 48% for Alytus County, 33% for Šiauliai County and 29% for Vilnius County. Operation of a biomass

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  • Biomass Exchange review – May 2020

    Biomass Exchange review – May 2020

    2020-06-16

    Prices of woodchips reach the lowest level over the ETS history In May, the price of woodchips at auctions of the Baltpool biomass exchange decreased by 1.6% compared to April and amounted to 111.99 EUR/TOE (9.63 EUR/MWh). In May, turnover increased by 28% from EUR 5.016 million to EUR 6.415 million. The increase was due to the increased turnover under half-year contracts. Quantities under half-year transactions increased by 104% from 14,400 TOE (167,472 GWh) to 29,376 TOE (341,643 GWh); their

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  • Biomass Exchange review – April 2020

    Biomass Exchange review – April 2020

    2020-05-13

    Prices of woodchips reach the summer 2015 price level In April, the price of woodchips at the Baltpool biomass exchange auctions decreased by only 1.5% compared to March and was 113.78 EUR/TOE (9.78 EUR/MWh). The turnover decreased only slightly in April – from EUR 5.825 million to EUR 5.016 million; the decrease was due to the decreased turnover under SPOT contracts. Compared to March, the quantities of woodchips under SPOT contracts have decreased by 38% from 26,214 TOE (304.868 GWh)

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  • Biomass Exchange review – March 2020

    Biomass Exchange review – March 2020

    2020-04-19

    The increased turnover of the exchange signals the start of new long-term transactions and expiry of earlier ones In March, the price of woodchips at the Baltpool biomass exchange changed only slightly compared to February: the decrease was only 0.5% with the price at 115.58 EUR/TOE (9.94 EUR/MWh). The turnover has nearly tripled in March (from EUR 1.953 million to EUR 5.825 million), which was due to the increased trade under long-term contracts for the warm season and the first

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  • Biomass Exchange review – February 2020

    Biomass Exchange review – February 2020

    2020-03-27

    The cheapest biomass at Baltpool exchange in February since 2014 In February, the price of woodchips at the Baltpool biomass exchange decreased by 7% compared to January and reached 115.97 EUR/TOE (9.97 EUR/MWh), which was the lowest price recorded in the month of February since 2014. Accordingly, the turnover of the Baltpool biomass exchange in February decreased by 22% – from EUR 2.51 million to EUR 1.95 million. “One year has passed since the moment when biomass suppliers had felt

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  • Biomass Exchange review – January 2020

    Biomass Exchange review – January 2020

    2020-02-24

    With biomass becoming cheaper, January heating prices in Lithuania were the lowest since 2012 After the price of biomass at the Baltpool biomass exchange in January dropped to 124.77 EUR/TOE (10.73 EUR/MWh), compared to December, the lowest prices of heating were recorded in the country since 2012. Accordingly, the turnover of Baltpool in January decreased from EUR 2.66 million to EUR 2.51 million. These trends were mostly due to the very warm winter. “Nearly 70% of heat in Lithuania is

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  • Biomass Exchange review – Year 2019

    Biomass Exchange review – Year 2019

    2020-01-24

    Heat producers pay increasingly more attention to the management of the price risk In 2019, unlike the preceding several years, most of the market participants hurried to secure the largest share of their heating season demand for biomass under long-term contracts as early as in May. In 2019, the following three key aspects to trade under long-term transactions could be observed: (i) most of the winter season demand was secured under long-term contracts by the beginning of summer, (ii) nearly

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  • Biomass Exchange review – November 2019

    2020-01-03

    More biomass delivered under long-term contracts for the first time in November In November, due to the unusually warm weather in our region, the demand for biomass dropped and the turnover of the BALTPOOL biomass exchange consequently decreased by 39%; furthermore, the amount of biomass delivered under long-term contracts was historically high for the first time. On the other hand, the Market Maker Programme launched in November nearly doubled the demand for biomass at the exchange in foreign countries. In

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  • Biomass Exchange Review – October 2019

    2019-11-22

    An unusual start of the winter season: the demand for biomass decreases In October, the turnover of the BALTPOOL biomass exchange decreased by 21% compared to September – from EUR 4.7 million to EUR 3,713 million – due to the commenced supplies under long-term contracts. Lithuanian heat producers have prepared for the 2019 heating season in advance and in summer have purchased more than one half of the biomass required for the heating season; the first month of the heating

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  • Biomass Exchange Review – September 2019

    2019-10-15

    In autumn, the need for biomass grows at BALTPOOL exchange In September, the turnover of the BALTPOOL biomass exchange increased by 72% compared to August (from EUR 2.729 million to EUR 4.700 million). In September, the turnover increased due to increased activity in concluding long-term transactions and transactions for reserve products. By the end of September, Lithuanian heat suppliers secured under long-term contracts 59% of the biomass required for the heating season. A total of 32,871 TOE of biomass was

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  • Biomass Exchange review – August 2019

    Biomass Exchange review – August 2019

    2019-09-15

    Prices of woodchips in August drop to reach the 2016 prices In August, the turnover of the Baltpool Biomass Exchange decreased by 45% compared to July – from EUR 4.98 million to EUR 2.729 million. Similarly to July, the turnover dropped due to the decreased activity related to preparations for the winter season. Lithuanian heat suppliers have already secured the supply of 50.15% of the biomass required for the winter season under long-term contracts. It should also be noted that

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  • Biomass exchange review – June 2019

    Biomass exchange review – June 2019

    2019-07-31

    The turnover of BALTPOOL biomass exchange decreased by almost one third (29%) from EUR 13.02 million to EUR 9.18 million in June compared to May. This was due to the fact that most heat suppliers have already secured part of the biomass required for the heating season under long-term contracts concluded in May. Contracts concluded for the next heating season in June and earlier make up to 42 percent of the amount of biomass needed for the coming heating season. Correspondingly, sales

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  • Biomass exchange review – May 2019

    Biomass exchange review – May 2019

    2019-06-21

    Buyers already purchased 40% of biomass required for the next heating season at BALTPOOL biomass exchange. In preparation for the next heating season, heat producers have already purchased about 40% (37.9%) of biomass required for the next winter season at BALTPOOL biomass exchange. Most biomass purchased under long-term contracts was ensured by Šiauliai (74%), Klaipėda (64%), Panevėžys (60%), and Utena (51%) counties. “The trade of long-term contracts shows a record activity during the off-season in market. It’s only a middle

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  • APRIL 2019 ENERGY EXCHANGE: TRADE OVERVIEW

    APRIL 2019 ENERGY EXCHANGE: TRADE OVERVIEW

    2019-05-22

    The turnover of BALTPOOL biomass exchange in April was 50% greater than in March The turnover of BALTPOOL Biomass Exchange increased by 50% in April compared to March, from EUR 4.2 million to EUR 6.35 million. One of the main reasons for this increase was doubled sales of biomass under one-month contracts, from EUR 0.88 million to EUR 1.61 million, and tripled sales under three-month and half-year contracts, from EUR 0.47 million to 1.50 million. The total amount of wood chips sold in April was 46 370 TOE, i.e. 57% greater than

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  • Biomass exchange review – March 2019

    Biomass exchange review – March 2019

    2019-04-17

    The turnover of BALTPOOL biomass exchange increased by one quarter to EUR 4.2 million in March. The total turnover of the biomass exchange increased by 26 percent to EUR 4.2 million in March compared to February. In the first month of the spring, heat producers rushed to make sure they would not run out of biomass in the summer and concluded long-term contracts for the amount 68 percent higher than in February (EUR 1.35 million). “The value growth of long-term

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