The ICE Endex Wood Pellets Data Products Biomass Exchange


http://www.iceendex.com/market-results/futures-markets/iceendex-wood-pellets/

All ICE Endex Wood Pellets settlement prices are based on delivery CIF Rotterdam and are derived by means of the pricing panel methodology. Data delayed at least five minutes. For first-hand information, please login to the Futures Market Data section.

Market Data

A variety of Market Data products are available for purchase for this market. We also provide bespoke data sets on special request. To subscribe, please contact our Market Data team.

Historical market data remains at http://www.endex.nl/index.php

ICE Endex Wood Pellets Data Products

A survey among exchange members and active players in the bio-energy markets has indicated a strong demand for standardized market price information for several bio-energy products facilitated by an independent and secure platform. In close co-operation with market players active in these markets, ICE Endex is eager to contribute to the further development of the bio-energy market by providing bio-energy price indices.

Biomass Exchange

In 2008, ICE Endex launched the Industrial Wood Pellets price index in response to the market’s need for price transparency. There has been increased interest in the trade of biomass contracts and, as standardised exchange-traded contracts did not exist, ICE Endex saw this as an opportunity to respond to the requirements of the market. ICE Endex and Port of Rotterdam announced their cooperation in July 2010. A joint feasibility study to investigate the possibilities of establishing a biomass exchange was finalised in November 2010.

On 3 November 2011, the world’s first Biomass exchange was launched by listing industrial wood pellet products, including 3 month, 3 quarter and 3 calendar contracts.

The development of the biomass exchange follows a two-phased approach. In phase one, the exchange started with non-cleared products, meaning the physical settlement is arranged bilaterally between the counterparties after the trade has been concluded. Phase two will include the development and implementation of clearing services for wood pellets contracts, thereby providing further financial security to market participants. In this phase, Port of Rotterdam will contribute its expertise with regards to shipping, storage and distribution of biomass products.

All Wood Pellet contracts traded on the exchange are certified with either the Green Gold Label certification scheme, the Laborelec-SGS Solid Biomass Sustainability Scheme or the Drax Biomass Sustainability Implementation Process in order to ensure sustainability.

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About carlarweir
I am a Cross Asset FIX Connectivity SME working for international banks. i also sit on the FIX Protocol Ltd Global Steering Committee, and am Co-Chair of the Global Cross Asset Committee. I also have a very strong background in Mobile Telephony, Cloud computing, SaaS, IaaS, PaaS, Big Data, innovation, and am a pioneer in Pseudolite technology.

2 Responses to The ICE Endex Wood Pellets Data Products Biomass Exchange

  1. Josh says:

    Thanks for the article. Are these contracts for physical delivery off the ICE Endex exchange?

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