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
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
05/17
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
2018
04/19
First Long-term Contracts for Summer Season on the Biomass Exchange In March, the first long-term contracts for the supply in the summer season were concluded on BALTPOOL Biomass Exchange. During the whole trading period of long-term contracts for the supply in the summer season, buyers purchased 27 522 toe of biomass under long-term contracts. The largest part of purchased biomass was acquired by Šiauliai and Panevėžys counties. Last year during the same period, buyers had purchased 49% more biomass (41 106 toe)
2018
03/21
First Contracts between Latvian Participants on the Biomass Exchange In February 2018, the first contracts between Latvian participants were concluded on BALTPOOL Biomass Exchange. Under one-week contracts, the buyer from the Latvian Kurzeme region will be supplied by 5 Latvian sellers at the weighted average price of 206.83 EUR/toe. The contract’s value is EUR 7,446. The results of this year’s trade on the Exchange show that Latvian sellers tend to become more active in the Exchange. In February, their trade
2018
02/23
The Year Started with a Record Trade at the Exchange The Biomass Exchange started 2018 with doubled trade volumes: 39,857 toe of biomass was purchased in January, which is 1.9 times more compared with December, when 21,074 toe of biomass was purchased. Biomass was purchased by concluding 909 contracts – this is the highest number per month from the beginning of the Exchange operation. The financial value of the contracts amounted to EUR 8.7 million. So far, the highest trade
2017
12/14
Turnover of the biomass Exchange has decreased due changed trading strategy In November, the turnover of the BALTPOOL biomass Exchange dropped by 14% compared to October – from EUR 7.849 million to EUR 6.753 million. The weighted average prices under concluded transactions increased by 2% per month – from 176.80 EUR/toe to 180.16 EUR/toe. The prices grew by 21% compared to November 2016 (148.46 EUR/toe). The decrease in the turnover was due to the changed trading strategy in the heating
2017
11/20
First reserve product transactions concluded at BALTPOOL biomass Exchange The first biomass reserve product transactions were concluded at the biomass Exchange on 31 October: buyers purchased 390 toe of biomass reserve product in Žemaitija for the weighted price of 213.38 EUR/toe. Biomass reserve products constitute a method for biomass buyers to secure the availability of biomass in case deliveries are interrupted during the cold season of the year. A buyer that purchases a biomass reserve may demand at any time
2017
10/16
Volumes of trade in biomass have jumped by thirty percent due to the approaching winter season September in BALTPOOL biomass Exchange is traditionally characterised by the most active trade of the year. The value of concluded contracts reached EUR 8.5 million, which was 30 percent more than in August (EUR 6.5 million). Even 80 percent of biomass was purchased for the heating season. By 3 October, when trade in half-year contracts for the heating period ended, the total quantity of
2017
09/20
A trade leap in the Biomass Exchange in the last summer month In August, as heat producers started preparations for the approaching heating season, the turnover of BALTPOOL Biomass Exchange increased 2.5 times – from EUR 2.66 million in July to EUR 6.54 million in August. Nearly 70% of transactions accounted for long-term supply for the 2017–2018 heating season. Nineteen per cent of the theoretical required amount was purchased in the Exchange for the approaching heating season by 1 September
2017
08/11
Increasing prices of biomass raw materials result in price growth in the Exchange In July, 8% less biomass was sold via the BALTPOOL Biomass Exchange compared to June, but the turnover of the Exchange only decreased by 3.3% due to the increased biomass prices. The price increase was due to the growing prices of biomass raw materials and the growing biomass prices in the markets of the neighbouring countries. Comparison of the prices of class II and III calorific category
2017
07/18
The turnover in BALTPOOL biomass exchange amounted to EUR 2.76 million in June – it was approximately EUR 150 thousand higher than in June 2016 and about a quarter less than in May 2017 (EUR 3.76 million). The decrease in turnover of the exchange was caused by 73 percent drop in the number of one-month and one-quarter contracts, which, as the long-term trends of the exchange show, should recover in July, when heat producers start actively preparing for the heating
2017
06/14
Preparations for the next winter season increase biomass exchange turnover In May, the turnover of BALTPOOL biomass exchange increased by 64% compared to April – from EUR 2.29 million to EUR 3.76 million. The increase was mostly due to the increased trade under long-term transactions: this trade grew 3 times from 6,306 TOE to 18,132 TOE. Nearly one half of the biomass sold under long-term transactions will be supplied during the next winter season. A total of nearly 9,000 TOE
2017
05/22
During the 2016–2017 heating season, a record amount of biomass – 302,600 TOE – was delivered through the BALTPOOL biomass exchange. Compared to the 2015–2016 winter season, when 228,900 TOE of biomass was sold through the exchange, trade volumes increased by 32.24%. During the winter season, fuel was delivered under 3,198 transactions, with the value of the delivered fuel amounting to EUR 44.36 million. Transactions were concluded by 62 Lithuanian buyers and 102 Latvian and Lithuanian sellers
2017
05/15
Heat producers start preparations for the next heating season In April, before the end of the 2016–2017 heating season, the first transactions for the 2017–2018 winter season were concluded in the biomass exchange: 1,716 TOE of woodchips were purchased in Utena County. The biomass was purchased for 132.73 EUR/TOE, which is 5.11% cheaper than the average price of biomass in the same county during the preceding heating season (139.87 EUR/TOE). The overall turnover of the biomass exchange in April dropped
2017
04/19
A new record for the lowest price was achieved in March at BALTPOOL biomass exchange – the heat producer in Vilnius region purchased biofuel for 105 EUR/TOE for this summer. The weighted average price under long-term contracts amounted to 128.34 EUR/TOE in Vilnius region in the summer of 2016. The contracts already concluded on BALTPOOL biomass exchange for the summer period show that the biomass buyers purchased woodchips under long-term contracts at a lower price than in 2016. The average
2017
04/19
A new record for the lowest price was achieved in March at BALTPOOL biomass exchange – the heat producer in Vilnius County purchased biofuel for 105 EUR/TOE for this summer. This is the cheapest half-year contract not only in Vilnius County, but also in the history of the biomass exchange. Trading on the exchange enabled the company to buy biomass at very favourable prices. This example of successful cooperation is extremely encouraging and can contribute to lower heating prices for
2017
03/21
The turnover of BALTPOOL Energy Exchange, which grew in January, dropped by 7% in February and amounted to EUR 6.4 million, but, according to experts, this was only due to the fact that, since February is shorter than January, there was one auction fewer than in January. The main change in trade was that short-term contracts were replaced by long-term contracts, under which biomass was purchased for the summer season. Another distinct trend is the increased activity of Latvian sellers
2017
02/20
Record-level buyer activity in the BALTPOOL Biomass Exchange was recorded in January 2017. The turnover of the exchange amounted to EUR 6.9 million, which is an 87.44% increase compared to December 2016. The number of concluded contracts increased by 58.86% and amounted to 699. The absolute majority of the contracts (95.78%) were concluded in order to ensure the supply of biomass for the current heating season. In January, the first contracts for biomass delivery for the summer season were concluded
2017
01/24
The turnover of BALTPOOL Biomass Exchange in 2016 totalled EUR 56.1 million, which is a 43% increase compared to 2015. Another major change in the biomass market is the growing number of Latvian suppliers: 5 suppliers of biomass from this country have registered with the exchange. 2016 saw not only a turnover increase but also an improvement of all the indicators of performance of the exchange: the number of concluded contracts increased by 72% and amounted to 4,320; 11 new