Commodity exchanges also break records in 2021
04:00
The Polish Power Exchange (TGE) is also very popular. The average spot price of natural gas was in January PLN 102.21 / MWh. It was the highest monthly price in this market since January 2019.
In turn, the volume of electricity trading on TGE in January 2021 amounted to 12,468,574 MWh, which means a decrease of 11.1 percent compared to January 2020. The average price weighted by the trading volume on the DAM was at the level of PLN 262.81 / MWh in January, which is an increase of PLN 4.81 / MWh compared to the previous month. On RTPE, the weighted average price of an annual contract with band delivery in 2022 (BASE_Y-22) in January was PLN 256.70 / MWh, which is an increase by PLN 4.95 / MWh compared to the corresponding price of this contract in December 2020.
In January, transactions for the volume of 14,838,795 MWh were concluded on the natural gas market. This means an increase of 33.3 percent y/y. The volume-weighted average price on the DAM & IDMg in January was 102.21 PLN / MWh, which is an increase of 20.87 PLN / MWh compared to the previous month, and at the same time the highest spot price since January 2019. On the RTPG, the weighted average price of a contract with delivery in 2022 (GAS_BASE_Y-22) amounted to PLN 84.69 / MWh in January, i.e. PLN 6.79 / MWh more than the corresponding price of this contract in December 2020.
The monthly volume of trading on the Agricultural Exchange was the highest since the market was launched in March last year. Class B wheat turnover in January this year. amounted to 2,350 tonnes.
(WBJ)
