2018
12/13
Please be informed, that trading in the Energy Exchange 52nd week of the 2018 year (24/12/2018 – 30/12/2018) will be held on 21/12/2018, by the Order No. IS-180048 of the Chief Executive Officer of Energy Exchange operator BALTPOOL
2018
11/21
In October 2018, short-term contracts for sales of 15,580 m3 of timber were concluded at the ETTS, which is 44 percent less than in September. The financial value of contracts decreased twice during the month, to EUR 675,165. The trade in TOP5 timber assortments in October amounted to 58 percent of all timber sales, i.e. 8,958 m3. Compared to September, the volume of trade in TOP5 assortments dropped by 60 percent. The price of TOP5 assortments decreased by 9 percent, from 51.19 Eur/m3 in October to
2018
11/20
The trade turnover of BALTPOOL Biomass Exchange decreased from EUR 16.66 million to EUR 10.51 million in October, the amount of wood chips sold decreased by 37% compared to September. This could be explained by the fact that this month, i.e. on October 2, was the deadline for the conclusion of six-month supply contracts for the heating season. Compared to September, the amount of wood chips sold under long-term contracts decreased by 70% this month. However, compared to the previous
2018
11/07
By Order No. IS-170041 “Regarding approval of the biomass product reference price” of Chief Executive Officer of 7 November 2018, the Operator set the following Reference price for transactions of purchase and sale of biomass reserve products concluded at the Exchange and implemented during the 2018–2019 cold season of the year for the respective biomass products traded at the exchange: Product code SM1 SM1W SM2 SM3 MG1 MG2 MG3 Reference price, EUR/toe (excl. VAT) 226.47 220.98 237.52 213.42 395.10 352.80
2018
10/25
We hereby inform that the start time of the auction of the first half of 2019 for concluding of half-year contracts has been announced in the ETTS. The start of the auction is on 29 November 2018 at 12:00. The process of the auction: Registration of sellers is going on from 8 November 2018 12:00 to 15 November 2018 23:59 The initial deposit is paid from 8 November 2018 12:00 to 19 November 2018 23:59 Registrations are verified from 8
2018
10/17
In September 2018, transactions for the sale of 27,971 m3 of timber were concluded via the ETTS, which is a 61% increase compared to August. The financial value of the transactions increased by 1.5 times and totalled EUR 1,402,454. To present timber trade trends, BALTPOOL UAB identified TOP5 assortments traded via the ETTS. In the course of 2018, trade in these TOP5 assortments accounts for an average of 72% of the total amount under short-term transactions, and analysis of changes
2018
10/16
High activity was recorded in the BALTPOOL Biomass Exchange in September: compared to August, the trade turnover increased by 70% (from EUR 9.8 million to EUR 16.66 million); the total amount of woodchips sold increased by 54% (68,700 toe), and 80% of the purchased amount is intended for the 2018–2019 heating season. By 2 October, when trade under half-year transactions for the heating season was completed, a total of 62.6 thousand toe of biomass, i.e. the double amount recorded in August
2018
10/01
The operator of the energy exchange introduces transactions for partial prepayment for biomass and accumulation of biomass (hereinafter partial prepayment transactions) from 25 September 2018. A key condition of the partial prepayment transaction is a partial prepayment and, accordingly, advance accumulation of biomass. Trade under these transactions will be carried out in the “Non-standard trade” section. The main conditions of transactions for partial prepayment for biomass and accumulation of biomass are as follows: Partial prepayment transactions may be concluded for biomass
2018
09/20
In August 2018, the intensity of trade in timber via the ETTS tripled compared to July. Transactions for the sale of 17,338 m3 of timber were concluded; this figure was 5,948 m3 in July. Over one month, the financial value of the transactions increased 3.5 times and amounted to EUR 894,462 (compared to EUR 257,534 recorded in July). One half of the transactions concluded via the ETTS in August accounted for the sale of sawlogs. Of these, 28% accounted for
2018
09/19
Record high activity was recorded in August in the BALTPOOL Biomass Exchange: compared to July, the trade turnover increased by 78%, 73% of concluded transactions accounted for long-term supply contracts for the 2018–2019 heating season, and the total amount of biomass purchased for the heating season by the end of the month accounted for 18% of the required amount of biomass. In August, the average price of biomass purchased for the forthcoming heating season, compared to the average supply price
2018
08/22
The 6 thousand m3 timber were sold at the ETTS short-term auctions in July 2018. The financial value of the contracts amounted to 257,53 thousand euro. The largest number of contracts was concluded for sales of sawlogs and timber harvesting waste. Their trade amounted to 37% (2.3 thousand m3) and 31% (1.8 thousand m3) of the total amount of contracts in July respectively. The change in the weighted price of timber sold under short-term contracts concluded at the ETTS in
2018
08/21
The value of the BWC SPOT Lithuania index published by BALTPOOL UAB shows that the prices under one-week transactions have been growing since May. In July, the value of the index increased from 151.94 EUR/toe to 177.65 EUR/toe. For comparison, a similar figure was recorded in November last year. According to biomass suppliers, the growth of biomass prices occurs due to objective reasons, i.e. the increasing price of diesel fuel, growing salaries and the significant increase in the price of
2018
07/25
In June 2018, the regional divisions of the State Forestry Enterprise sold twice less of wood at 66 short-term auctions than during the last month. The trade volumes shrank to 23.0 thousand m3 of wood, and the financial value of contracts dropped from EUR 2,085.9 thousand to EUR 1,176.3 thousand. Half of timber sold was sawlogs, its sales volume amounted to 11.3 thousand m3. Within this category, sales by wood species distributed as follows: pine logs – 47%, spruce logs
2018
07/19
Biomass Prices Are Rising Not Even Halfway through the Summer Season The beginning of the summer season 2018 significantly changed the purchasing strategy of heat producers. Most of the buyers bought biomass under one-week and one-month contracts. Analysis of the price changes in the summer seasons of 2015-2018 shows that the prices of both short-term and long-term contracts have been rising not even halfway through this summer season. Comparing the volumes and prices of contracts concluded by the end of
2018
07/02
Transactions for biomass worth EUR 200 million concluded In May of this year, the value of transactions concluded at BALTPOOL Biomass Exchange exceeded EUR 200 million. Some of the facts related to this achievement are described below: More than 1.3 million toe of biomass, which accounts for approximately 250 000 woodchips transportation vehicles, was purchased; More than 15 000 transactions were concluded; Latvian biomass suppliers accounted for approximately 2.5% of the biomass market; A total of 78 buyers and 179 sellers from
2018
06/29
OVERVIEW OF LONG-TERM AND HALF-YEAR AUCTIONS The long-term and half-year auctions of the 2nd half of 2018 organised by regional divisions of the State Enterprise State Forests Directorate were completed on 29 May 2018. At the auctions, 586,430 m3 of timber was sold, of which 526,340 m3 accounted for round timber and 60,080 m3 accounted for timber harvesting residues. Regional divisions of the State Enterprise State Forests Directorate sold 99.42% of the planned amount (589,860 m3). Half-year auction of the
2018
06/20
The Operator of the exchange has recently received buyer requests to supplement the specifications of biomass products with sulphur and chlorine limits and to provide for real sanctions for instances of increased content of these chemical elements. Buyers ground their requests on specific measurements, in the buyers’ opinion, high content of the chemical elements has resulted in the corrosion of biomass combustion installations. The Operator took biomass samples and conducted sulphur and chlorine content tests. The tests revealed that even
2018
05/22
Just after completion of the heating season 2017-2018, long-term contracts for the coming heating season 2018-2019 were concluded at BALTPOOL Biomass Exchange in April: 1,440 toe of woodchips at 160 EUR/toe was purchased in Klaipėda county, and 432 toe at 155 EUR/toe in Utena county. Comparison of long-term contracts with the contracts concluded in the same counties during the same period last year shows that biomass was 5% cheaper (152.17 EUR/toe) in Klaipėda county, and 14% cheaper (132.73 EUR/toe) in Utena county in the past heating
2018
05/18
In April 2018, the regional offices of the State Forestry Enterprise sold 21 thousand m3 of timber, i.e. 9 percent more than in March, at 36 short-term auctions. The financial value of contracts was EUR 916.1 thousand. The highest demand was for timber, 5.5 thousand m3 of it was sold, packing logs – 5.3 thousand m3, pulpwood – 4.8 thousand m3. The weighted price of timber sold in April 2018 at the ETTS decreased by 10 percent compared to March
2018
05/17
During the 2017-2018 heating season, biomass through the BALTPOOL Biomass Exchange was supplied under 4067 contracts. The number of contracts concluded during this heating season was 27% higher than during the previous heating season (3198 contracts). The total value of biomass supplied during the 2017-2018 heating season increased by 19%: from EUR 45.2 million to EUR 53.6 million compared to the previous heating season. The contracts were executed by 61 buyers and 102 sellers from Lithuania and Latvia. The total