Biomass

„The EEX Wood Pellets futures will be a hedging tool to an interesting marketed within the renewable energy complex. The product will Increase fungibility and transparency to support market participants, associated stakeholders and decision makers in contribution to a greater understanding of chances with use of wood pellets and woody biomass for energy production”

Wood Pellets Futures

  • Contribution to standardisation in the wood pellets and woody biomass market
  • Creation of a centralized market place delivering price transparency
  • Efficent hedging tool to mitigate price and counterparty risk
  • Price signals delivering economically sustainable industry to foster low-carbon economy
  • Contribution to a greater understanding of issues associated with use of wood pellets
    and woody biomass for energy production

Advantages of Trading
at EEX

  •  A broad and diversified network of global energy trading participants
  • Access to trading in various market areas as well as products and services along the value chain
  • Exchange trading and Trade Registration services on a regulated and transparent market that is well established and operates seamlessly in the energy complex
  • Elimination of counterparty risk through clearing and settlement of transactions via one common clearing house, providing cross-margining benefits
  • Offices in 16 worldwide locations ensuring optimal support for customers on site
  • Trade on Europe’s fastest growing exchange
  • Price signals delivering economically sustainable industry to foster low-carbon economy
  • Contribution to a greater understanding of issues associated with use of wood pellets and woody biomass for energy production
  • EEX to cooperate with Argus for using the CIF ARA Wood Pellets index for spot delivery within the next 90 days

Contract specifications –
Wood Pellets CIF ARA (Argus) Futures

 

Underlying

The Argus cif ARA monthly price index for wood pellets during the
respective maturity month as published by Argus in the “Argus Biomass
Markets” usually on the last Wednesday of each month or the penultimate
Wednesday in December, respectively (Index).

The Index is the arithmetic average of all weekly price assessments for
the Argus cif ARA Wood Pellets Index* of the respective month for
industrial Wood Pellets delivered within the next 90 days.

Contract Series

Up to 36 consecutive months

Contract Volume

100 metric tonnes (MT)

Pricing

In USD per MT to the second decimal place after the point.

Minimum Price Fluctuation

0.01 USD per MT

Trading hours

For Trade Registration of Wood Pellets cif ARA (Argus®) Futures are between
8:00 am and 6:00 pm CET

All members admitted at EEX and approved by ECC to trade will be able
to start trading in the new product (via an A01a form)

Clearing and Settlement

By central clearing house ECC

*ARGUS, ARGUS MEDIA, the ARGUS Logo, Argus Biomass Markets and Argus Wood Pellets cif ARA index are trademarks of Argus Media group and are used under license. All copyrights and database rights in the Argus Biomass Markets report and the Argus Wood Pellets cif ARA index belong exclusively to the Argus Media group and are used under license. EEX is solely responsible for the futures contracts. Argus takes no position on the purchase or sale of such futures contracts and excludes all liability in relation thereto or otherwise.