2019
02/15
In January, prices at the Baltpool biomass exchange continue to drop and turnover grows The weighted average price under transactions at the Baltpool biomass exchange in January decreased by 9% (and amounted to 171.05 EUR/toe) compared to one month earlier and by 22% compared to the same period last year. With the prices continuing to decrease consistently, the trade turnover in January, compared to December 2018, increased by 2% – from EUR 5.40 million to EUR 5.49 million, and the sales
2019
02/04
Following the needs of market participants, Baltpool, the Energy Exchange operator belonging to the EPSO-G group, will publish the Baltpool Timber Spot Lithuania price index starting from 4 February. The purpose of the Baltpool Timber Spot Lithuania price index is to objectively assess the market situation, to monitor changes in timber prices and trends. The value of the index will become a convenient tool suitable for bilateral contract pricing, company internal transaction pricing, and market research. “The Baltpool Wood Chips
2019
02/04
BALTPOOL starts publishing timber price index BALTPOOL UAB, which is elaborating on the expert evaluation of the timber market, started publishing the Baltpool Timber Spot Lithuania price index from 4 February 2019. The value of Lithuania’s first timber price index depends on the fluctuations in prices of the timber assortments included in the index. The Baltpool Timber Spot Lithuania index is intended to help market participants to objectively evaluate the current market situation and monitor changes and trends in the
2019
01/17
The biomass exchange in Lithuania in 2018: active trade and self-regulation The prices of biomass that had rocketed in early autumn and shocked market participants dropped considerably by the end of the year; Over one year, the trade volume increased by 37% and amounted to EUR 82.11 million; Over 431 thousand toe of biomass was purchased, which accounts for more than 70 thousand woodchips transportation vehicles (more than 350 vehicles per day during the cold season); Over 5.7 thousand transactions were
2019
01/16
In December 2018, transactions for the sale of 17,366 m3 of timber under short-term contracts were concluded via the ETTS, which is a 6% increase compared to November. Over one month, the financial value of the transactions increased by 10% and amounted to EUR 717,153. In December, trade in TOP5 timber assortments accounted for 79% of the total timber sales, i.e. 13,733 m3, and compared to the figure recorded in November, this was a 30% increase. The weighted price of TOP5 timber
2018
12/23
Half-year auction On 4 December 2018, the half-year auction of the 1st half of 2019 organised by regional divisions of the State Enterprise State Forests Directorate was completed. Transactions for the sale of 676,500 m3 of timber were concluded during the auction, and the financial value of the transactions amounted to EUR 35,146,456. The amount of timber sold during this past auction increased by 20% (565,585 m3) compared to the half-year auction of the 2nd half of 2018 and by
2018
12/18
The trade turnover of BALTPOOL biomass exchange in November decreased twice compared to October: from EUR 10.51 million to EUR 5.81 million, the amount of wood chips sold was 29 thousand toe, i.e. 37% less compared to the last month. It is likely that a warm November had the strongest effect, therefore the demand for fuel by short-term contracts did not increase, compared to last November, when 16% more biomass was purchased under one week contracts. This month, the average value of concluded
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