PIX PELLET NORDIC INDEX
FOEX Indexes Ltd – PIX Bioenergy – December 17, 2013
|Pellet Nordic CIF||EUR/MWh||29.88||– 0.01||29.28 – 30.48|
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.
The prices reported to us for the November pellet business were partly flat and partly included some changes, though rather evenly to both directions. In November, the monthly average value of the Euro kept going up against the Swedish Crown, by 1.5% from the October average, meaning a negative impact on the EUR value and a positive one on the SEK value. The PIX Pellet Nordic benchmark went down by a marginal 1 cent, or by 0.03%, and closed at 29.88 EUR/MWh. In SEK, the pellet index value went up to 265.34 SEK, rising by 3.87 SEK, or by 1.48%, from the previous month’s value.
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Next PIX will be released on TUESDAY January 21, 2014 at 12:00 noon Helsinki time