272 thous. TOE of biomass was purchased in this heating season, which is 8% less than in the previous heating season In the 2018-2019 heating season, 8% less biomass (272 thous. TOE) was purchased due to a warmer autumn and winter, compared to the heating season of the previous year and the year before. This season, more long-term contracts were concluded. Therefore, the number of contracts decreased by 31% to 2,822 contracts. “The importance of purchase strategy was particularly underlined
Please be informed that further information about the half year timber auction will be published on 20th May 2019. Timber Trading System Operator BALTPOOL UAB Tel. +370 5 2393159, +370 5 2393157
Please be informed that according to the request by the timber seller - State Forest Company (VĮ Valstybinių miškų urėdija), the half year timber auction is cancelled until further notice. We will keep you informed of any further developments on the situation. Timber Trading System Operator BALTPOOL UAB Tel. +370 5 2393159, +370 5 2393157
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
In March, the ETTS trade volumes grew 1.8 times compared to February. Transactions for the sale of 12,876 m3 of timber under short-term contracts were concluded in March. Over the past month, the State Enterprise State Forests Directorate offered twice as much timber as in February, but buyers purchased less than one half, i.e. 38% (34,285 m3) of the offered timber. The February trading scenario could also be observed in the first spring month, i.e. 50% of the announced auctions have not
According to data of the online heat auctions administered by the energy exchange operator Baltpool, over this heating season heat supply companies purchased 3.52 TWh of heat. The greatest amounts of heat were purchased by Kaunas (1.03 TWh), Vilnius (0.95 TWh), Klaipėda (0.64 TWh), Panevėžys (0.23 TWh), Visaginas (0.16 TWh) and Alytus (0.15 TWh).  Baltpool held 7 auctions intended for heat purchase for the winter season, which is from October to the end of April. Heat for heating purposes is purchased
Please be informed that ETS and ETTS functions are fully restored
 Please be informed that due to the malfunction of IT systems of the IT service provider, the electronic trading system is temporarily unavailable. Work to restore the system back to work is underway. We expect that the auction of the 26th March 2019 will take place in regular time. Regarding registration to the timber auctions, please contact us at +370 5 239 3163 or by email mediena@baltpool.eu We apologize for any inconvenience this may cause and will keep you informed
Trade at timber auctions in February low due to high prices In February, transactions for the sale of 7,330 m3 of timber under short-term contracts were concluded via the ETTS, but, in the course of the month, buyers bought only 62% of the 14.353 m3 of timber offered by the State Enterprise State Forests Directorate. The passivity of buyers during timber auctions signals that the prices are too high for market participants. The trade is likely to become more active as soon
One year ago, on 19 March 2018, the energy exchange operator Baltpool, which is part of the EPSO-G Group, started publishing the Baltpool Wood Chips Spot Lithuania (BWCS Lithuania) price index. Over the past year, the BWCS Lithuania index has become an objective tool for evaluating changes in the woodchip prices and the market situation and an important measure for forming a transparent and competitive biomass market in the country. “Thanks to the BWCS index participants can evaluate the forming
In 2018, the turnover of the Baltpool energy exchange grew by 22.7% compared to the 2017 results and amounted to EUR 902.7 thousand. The unaudited net profit increased by 14.7% and amounted to EUR 179.9 thousand (in 2017, this figure was 156.9 thousand). “Our objective is to provide all participants of the energy resources market with an opportunity to trade in competitive conditions and to ensure the maximum return for the State. We are delighted with our last year’s results
Biomass prices in Lithuania in February reach unusual lows The turnover of the Baltpool biomass exchange, which increased in January, in February dropped by 40% and amounted to EUR 3.34 million. A total of 20,922 TOE of woodchips was sold, which is a one-third decrease compared to January (31,332 TOE); the amount of biomass delivered over the same period was 23% smaller than in January, i.e. 45 thousand TOE. The largest share of the transactions for woodchips (74%) accounted for
The biomass exchange operator BALTPOOL UAB (hereinafter the Operator), with consideration of the development trends of the biomass market in the direction of biomass sustainability and of the requests regarding the trade in certified biomass products at the exchange received from participants, plans to implement the following currently most popular biomass certificates at the exchange in the near future: FSC, including FSC Controlled Wood: for woodchips and wood pellet products; ENplus: for wood pellet products. We are hereby providing to
Last year, export of industrial roundwood from Lithuania grew by 40%, especially to Scandinavia. Pulpwood produced in state forests demonstrated the highest price increase, i.e. by 56%. These timber products are not processed according to the original assignment of the assortment in Lithuania. Its demand was boosted last year by the pulp mills, which have recently started operating in Scandinavia, using pulpwood as their raw materials. The changes in the Lithuanian timber market last year were the same as in
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
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
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
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 86.11 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
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
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