Week 20 2024

AlbionDesign GmbH                                                      week 20/2024

Economically Ecological                               

€/$                        :   1.07176                         API 2 Front month       $106.70                      TTF June                     €30.20

EUA DEC 24         :   €70.54                           EUA DEC 25                  €73.61                         TTF Q4                     €34.97

Let’s have a chat. If you would like the full report with prices, get in touch and you’ll be added to the list. admin@albiondesign.co

 Prices:  

·                     Sunflower Husk Pellet - EU Production:      €Black Sea   

·                     Russian Sunflower Husk Pellet CIF Med      $Need to double check this new Agri Import Tax.

·                     Russian Sunflower Husk Pellet FOB Baltic  € Need to double check this new Agri Import Tax.

·                     SBP Wood pellet CIF ARA                               $         

·                     Wood pellet A1 FOB Baltic                             €

·                     Certified PKS (dura) FOB Indonesia              $--US5$ on tenera

·                     Spent olive wastes FCA Spain                        €

·                     Baltpool Woodchips - :Lithuania €17.30/MWh :Latvia €21.85/MWh :Estonia €17.00/MWh

Freight:

·                     Baltic Coaster – ARA :                  €- on 3/4kt             

·                     Black Sea Coaster :                       $- on 3/4kt                               

·                     Azov-Marmara :                            $- on 3/4kt                             

·                     Handys/Supras :                            roughly $16k per day                                                           

Overview:

·                     Big drybulk conference in Geneva currently and the Greek Bioenergy Association.  

·                     ARA coal stocks at a 2 year low and nobody is blinking.

Demand:

·                     Hand to mouth for those without overflowing stocks.

Into ARA on the densified biomass deduct $1+- for every additional 1kt as there is a freight saving.

Links and interesting reading:

·         https://montelnews.com/news/4970da4a-a371-40e4-bb5d-1b52c77a7f4b/eu-coal-terminal-stocks-diminish-to-2-year-lows

·         https://splash247.com/coal-trades-face-up-to-extreme-dislocation/

·         https://splash247.com/schedule-unveiled-for-worlds-first-biomass-fuelled-ship/

·         https://www.hellenicshippingnews.com/baltic-index-hits-more-than-one-week-low-on-weaker-vessel-rates/

Numbers subject to change. These figures are indications and in no way a confirmation on tradable prices. For reference only.