ganexo Description of Data Products

ganexo Intraday Quotes

  • volume-weighted mean value of traded volumes and traded prices
  • hourly updated on trading days from 8:00 – 19:00 CET/ CEST
  • contracts: day-ahead, 4 front-months, 4 front-quarters, 4 front-seasons, 4 front-years
  • areas: Germany (DE THE), Netherlands (NL TTF), UK (UK NBP)

Hourly volume-weighted price quotes. Quotes for contracts without trading results are assessed along with time-/location spreads of current or last trading day.

ganexo Intraday Price Curves

  • Daily Price Forward Curve (DPFC)
  • based on assessment of ganexo intraday quotes
  • DPFC is not a forecast but decodes average forward prices in a daily resolution
  • hourly updated on trading days from 8:00 – 19:00 CET/ CEST

It is a key instrument for

  • Energy supplier: valuation of assets or consumption and for calculations for the gas portfolio, procurement and sales
  • Energy traders: The forward curve shows them how prices develop over different delivery months. It serves as a basis for price hedging
  • Industrial Companies: hedging price fluctuations or calculate purchase prices
  • Financial Institutions: assessment and trading of price risks along the forward curve
  • Analysts: market forecasts, price and risk analyses. The forward curve provides insight into market opinions (contango, backwardation).

ganexo Closing Quotes/Price Curves

  • based on assessment methodology of ganexo intraday quotes/ price curves
  • volume-weighted mean value of traded volumes and traded prices on trading days in closing window: 16:00-18:00 CET/ CEST
  • daily updated on trading days from 20:00 CET/ CEST

ganexo HEL and HSL

Labels:

  • HEL Deutschland: extra light heating oil Germany
  • HEL Rheinschiene: extra light heating oil delivered in Rhine region/Rhine corridor
  • HSL Deutschland: heavy heating oil Germany
  • HSL Rheinschiene: heavy heating oil delivered in Rhine region/Rhine corridor

Methodology:

  • Monthly Price Forward Curve (MPFC) based on latest available price information of German Federal Statistical Office (Destatis)
  • MPFC is not a forecast but decodes average forward prices in a daily resolution
  • daily updated on trading days from 03:00 CET/ CEST
  • Monthly Forward HEL: Gasoil 0.1% FOB Rotterdam Barges Future (Month) + EBV levy + mineral oil tax + CO2 levy (BEHG) +/- error correction (backcast deviation last available Destatis price)
  • Monthly Forward HSL: Fuel Oil 1% FOB Rotterdam Barges Future (Month) + EBV levy + mineral oil tax + CO2 levy (BEHG) +/- error correction (backcast deviation last available Destatis price)
  • assessment includes conversion of currency, energy values, calorific value/ gross calorific value into the correct output unit

It is a key instrument for:

  • Energy supplier: valuation of assets or consumption and for calculations for the gas portfolio, procurement and sales
  • Energy traders: The forward curve shows them how prices develop over different delivery months. It serves as a basis for price hedging
  • Industrial Companies: hedging price fluctuations or calculate purchase prices
  • Financial Institutions: assessment and trading of price risks along the forward curve

Analysts: market forecasts, price and risk analyses. The forward curve provides insight into market opinions (contango, backwardation)