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)