In March 2019, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 57% to 348.3 TWh (March 2018: 222.4 TWh). In particular, the German Phelix-DE product (234.6 TWh, +75%) as well as the Italian market (56.7 TWh, +58%) contributed to this development. Furthermore, volumes on the markets for Austria (1.4 TWh), Spain (11.9 TWh) and Central/South-Eastern Europe (13.1 TWh) also increased significantly.
Emission Allowances
On the EEX markets for emission allowances, trading volumes totaled 101.1 million tonnes of CO2 in March (March 2018: 246.6 million tonnes of CO2). Primary Market Auctions contributed 55.5 million tonnes of CO2 to the total volume. On the secondary market, trading volumes totaled 45.7 million tonnes of CO2 (March 2018: 171.6 million tonnes of CO2).
Agricultural Products
Throughout March, trading volumes in agricultural products increased by 6% to 3,914 contracts (March 2018: 3,678 contracts). In the dairy segment, the volume reached 1,485 contracts (equal to 7,505 tonnes). In processing potatoes, volumes increased by 10% to 2,429 contracts (equal to 60,725 tonnes).
Freight
Trading volumes in Freight increased 4-fold with 9,430 lots traded in March (March 2018: 2,270 lots). This represents by far the highest monthly volume in this market. The previous record totaled 7,025 lots and was achieved in October 2018.
The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power and Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.
EEX – Monthly Figures Report for March 2019
Power Derivatives Market |
Monthly volume |
Monthly volume – previous year |
Total |
348,329,622 |
222,418,321 |
Phelix-DE Futures |
234,623,078 |
134,403,523 |
Phelix-AT Futures |
1,379,499 |
68,469 |
Phelix DE/AT Futures |
498,563 |
7,095,680 |
French Futures |
21,648,592 |
24,351,280 |
Italian Futures |
56,704,161 |
35,982,839 |
Spanish Futures |
11,938,251 |
5,357,224 |
Dutch Futures |
3,125,711 |
4,094,998 |
Central/South-Eastern European (CSEE) Markets |
13,136,003 |
4,302,313 |
Further markets |
553,284 |
722,995 |
Options markets |
4,722,480 |
6,039,000 |
CO2 Emissions Market |
Monthly volume |
Monthly volume – previous year |
Total |
101,133,000 |
246,647,000 |
EUA Spot Market - thereof: Primary Market Auctions - thereof: Secondary Market |
65,476,000 54,842,000 10,634,000 |
87,247,000 75,090,000 12,157,000 |
EUAA Spot Market (Primary Market Auctions) |
640,000 |
0 |
CER Spot Market |
49,000 |
4,000 |
EUA Futures |
33,468,000 |
86,896,000 |
EUA Options |
1,500,000 |
72,500,000 |
Agricultural Products |
Monthly volume |
Monthly volume |
Total |
3,914 |
3,678 |
Processing Potatoes |
2,429 |
2,212 |
Dairy Products |
1,485 |
1,466 |
Global Commodities |
Monthly volume |
Monthly volume |
Freight Futures |
9,430 |
2,270 |