FOEX Indexes Ltd, August 19, 2014
Pellet Nordic CIF, EUR/MWh, 28.87 , Value Change – 0.15, Confidence interval 28.34 – 29.40
SEK/MWh 266.55 + 2.71
Index is based on previous month’s data.
For price conversion between price per ton and price per MWh, a coefficient of 4.8 is used, if not otherwise informed by the price provider.
Euro strengthened by 1.55% against the Swedish Crown in July compared to the June 2014 average, which meant a downward pressure on the Euro-value and a similar upward impact on the Swedish Crown-value. When calculating the
averages, PIX Pellet Nordic benchmark went down in Euro-terms by 0.15 EUR/MWh, or by 0.52%, and closed at 28.87 EUR/MWh. In SEK, the pellet index value rose to 266.55 SEK, i.e. moved up by 2.71 SEK, or by 1.03%, from the previous month’s value.
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Next PIX will be released on TUESDAY September 16, 2014 at 12:00 noon Helsinki time