Trade overviews

  • Biomass exchange and heat trade statistics – May of 2021

    Biomass exchange and heat trade statistics – May of 2021

    2021-06-09

    The value of the BWCS (Baltpool Wood Chips SPOT) LT index has reached 9.86 EUR/MWh. A decrease of 12.4% per month, and an increase of 22,4% per year has been recorded in the value of the index. At the end of the heating season, the total amount of biomass delivered in May decreased by 54.8%, compared to April, and amounted to 229 632 MWh (92.6% were delivered under short-term contracts). Compared to the same period last year, the amount of

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  • Biomass exchange and heat trade statistics – April of 2021

    Biomass exchange and heat trade statistics – April of 2021

    2021-05-11

    The value of the BWCS (Baltpool Wood Chips SPOT) LT index has reached 11.25 EUR/MWh. An increase of 3.1% per month, and 34.1% per year has been recorded in the value of the index. The overall turnover of the exchange amounted to 422,100 MWh (with short-term contracts reaching 85.9%). There was a 5.5% decrease in turnover compared to March, and an overall 17.4% decrease in the annual turnover. Toward the end of the heating season, the total amount of delivered biomass was

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  • Biomass exchange and heat trade statistics – March of 2021

    Biomass exchange and heat trade statistics – March of 2021

    2021-04-09

    This year, there was a paradox that, despite cheaper biomass throughout the heating season, prices in March were higher compared to last year. This will also inevitably affect the heat prices for end users during the first months of the non-heating season. This paradox was likely caused by the fact that the air temperature was colder by more than 5 degrees during the first quarter of the year, which increased the demand for heat, thus also increasing the demand for

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  • Biomass exchange and heat trade statistics – February of 2021

    Biomass exchange and heat trade statistics – February of 2021

    2021-03-15

    The value of the BWCS (Baltpool Wood Chips SPOT) LT index reached 12.74 EUR/MWh. An increase of 16.8% per month, and 33.6% per year has been recorded in the value of the index. The total turnover of the exchange amounted to 429,020 MWh. Compared to January, an increase of the turnover by 39.9% has been recorded. The amount of short-term contracts reached 88.7%. A total of 685,978 MWh of biomass was delivered based on contracts concluded on the exchange. Compared to January, the

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  • Biomass exchange and heat trade statistics – January of 2021

    Biomass exchange and heat trade statistics – January of 2021

    2021-03-15

    The value of the BWCS LT index reached 10.91 EUR/MWh. An increase of 11.4% per month, and 8.3% per year has been recorded in the value of the index. The total turnover of the exchange amounted to 224,854 MWh with a decrease of 30.5%, compared to December. All contracts concluded in January were short-term. 561,084 MWh of biomass was delivered based on the contracts concluded on the exchange. Compared to December, supply of biomass has decreased by 33%, but, compared

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  • Biomass exchange overview – December 2020

    Biomass exchange overview – December 2020

    2021-02-26

    In December, the average value of Baltpool's woodchip index in Lithuania reached 9.79 EUR/MWh. A 12.9% jump in the value of the index was recorded over the month. In December 2019, the value of the index reached 10.00 EUR/MWh, therefore the value of the index has decreased by 2.2% this year. READ MORE

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  • Biomass exchange overview – November 2020

    Biomass exchange overview – November 2020

    2020-12-16

    In November, foreign trade amounted to 5,600 MWh (10 contracts). In Estonia, one of the country's largest biomass buyers, “Enefit Energiatootmine” AS (the “Eesti Energia” group), continued its regular Spot trade. The average price under Spot contracts in Estonia is currently at 12.70 EUR/MWh. Latvian buyers are successfully availing of biomass delivered under long-term contracts concluded at the exchange. The average price of delivered biomass under long-term contracts in Latvia is currently at 12.30 EUR/MWh. The electronic trading system “Finbex” has

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  • Biomass exchange overview – October 2020

    Biomass exchange overview – October 2020

    2020-11-16

    In October, foreign trade totalled 2,100 MWh. In Estonia, one of the largest buyers of this market, Enefit Energiatootmine AS controlled by the Ееsti Energia group, continued to trade under Spot contracts during all trading sessions, and the number of sellers during the sessions continues to grow. In Latvia, a contract was concluded in Kurzeme region. The weighted price under contracts amounted to 9.90 EUR/MWh in Latvia and 12.64 EUR/MWh in Estonia. The price in Latvia decreased by 22% compared

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  • Biomass exchange overview – September 2020

    Biomass exchange overview – September 2020

    2020-10-14

    Foreign trade was more active in September than in August. Some largest buyers of Estonian and Latvian markets were purchasing biomass on the exchange. Short-term contracts for the supply of 7,000 MWh of biomass were concluded. The weighted contract price was 11.73 EUR/MWh in Latvia and 12.42 EUR/MWh in Estonia. Compared to the same period of 2019, the price in Latvia decreased by 6% and the price in Estonia, since the last transaction concluded in March 2020, has fallen by

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  • Biomass exchange overview – August 2020

    Biomass exchange overview – August 2020

    2020-09-14

    In August, the most active foreign trade was in Latvia. Short-term contracts for 1,745 MWh of biomass were concluded. The weighted price of the contracts was 10.49 EUR/MWh. The price decreased by 17% compared to the same period of 2019. Lithuanian prices under SPOT contracts are currently 31% lower than in Latvia. Read more.

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  • Timber Exchange Trade Overview – August 2020

    Timber Exchange Trade Overview – August 2020

    2020-09-10

    A total of 119 short-term auctions were announced in August, of which 83 auctions were completed (at which at least one buyer offer was presented). These auctions received offers from 109 participants, of which 99 participants concluded contracts. The data of Q1 2020 for China, the world's second largest timber market, shows a drop both in imports and exports. Read more

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  • 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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