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<strong>atw</strong> Vol. 62 (<strong>2017</strong>) | Issue 6 ı June<br />
December 2016<br />
• Uranium: 18.75–21.50<br />
• Conversion: 5.50–5.75<br />
• Separative work: 47.00–50.00<br />
<strong>2017</strong><br />
January <strong>2017</strong><br />
• Uranium: 20.25–25.50<br />
• Conversion: 5.50–6.75<br />
• Separative work: 47.00–50.00<br />
February <strong>2017</strong><br />
• Uranium: 23.50–26.50<br />
• Conversion: 5.50–6.75<br />
• Separative work: 48.00–50.00<br />
March <strong>2017</strong><br />
• Uranium: 24.00–26.00<br />
• Conversion: 5.50–6.75<br />
• Separative work: 47.00–50.00<br />
| | Source: Energy Intelligence<br />
www.energyintel.com<br />
| | Uranium spot market prices from 1980 to <strong>2017</strong> and from 2007 to <strong>2017</strong>. The price range is shown.<br />
In years with U.S. trade restrictions the unrestricted uranium spot market price is shown.<br />
429<br />
NEWS<br />
Cross-border price<br />
for hard coal<br />
Cross-border price for hard coal in<br />
[€/t TCE] and orders in [t TCE] for<br />
use in power plants (TCE: tonnes of<br />
coal equivalent, German border):<br />
2012: 93.02; 27,453,635<br />
2013: 79.12, 31,637,166<br />
2014: 72.94, 30,591,663<br />
2015: 67.90; 28,919,230<br />
2016: 67.07; 29,787,178<br />
I. quarter: 56.87; 8,627,347<br />
II. quarter: 56.12; 5,970,240<br />
III. quarter: 65.03, 7.257.041<br />
IV. quarter: 88.28; 7,932,550<br />
| | Source: BAFA, some data provisional<br />
www.bafa.de<br />
EEX Trading Results<br />
in March <strong>2017</strong><br />
(eex) In March <strong>2017</strong>, the European<br />
Energy Exchange (EEX) reached a<br />
volume of 311.2 TWh on its power<br />
derivatives markets, representing a<br />
year-on-year increase of 22% (March<br />
2016: 255.8 TWh).<br />
In particular, power products for<br />
the German-Austrian market contributed<br />
to this result. At 250.5 TWh,<br />
volumes in this market increased by<br />
42 % (March 2016: 176.6 TWh).<br />
This includes 225.9 TWh from<br />
Phelix Futures and 24.6 TWh from<br />
Phelix Options.<br />
The March volumes comprised also<br />
158.7 TWh registered at EEX for<br />
clearing. Clearing and settlement<br />
of all transactions was executed by<br />
European Commodity Clearing (ECC).<br />
The Settlement Price for base load<br />
contract (Phelix Futures) with<br />
delivery in 2018 amounted to<br />
29.77 €/MWh. The Settlement Price<br />
for peak load contract (Phelix Futures)<br />
with delivery in 2018 amounted to<br />
37.49 €/MWh.<br />
| | Separative work and conversion market price ranges from 2007 to <strong>2017</strong>. The price range is shown.<br />
)1<br />
In December 2009 Energy Intelligence changed the method of calculation for spot market prices. The change results in virtual price leaps.<br />
On the EEX Market for emission<br />
allowances, a total volume of<br />
117.5 million tonnes of CO 2 was<br />
traded in March which represents a<br />
year-on-year increase of 50 % (March<br />
2016: 78.4 million tonnes of CO 2 ). On<br />
the EUA secondary market, volumes<br />
have doubled to 33.6 million tonnes<br />
of CO 2 (March 2016: 15.7 million<br />
tonnes of CO 2 ). The primary market<br />
auctions contributed 83.5 million<br />
tonnes of CO 2 to the total volume.<br />
The E-Carbix amounted to<br />
5.09 €/EUA, the EUA price with<br />
delivery in December 2016 amounted<br />
to 4.63/5.91 €/ EUA (min./max.).<br />
| | www.eex.com<br />
MWV crude oil/product prices<br />
in March <strong>2017</strong><br />
(mwv) According to information and<br />
calculations by the Association of the<br />
German Petroleum Industry MWV e.V.<br />
in March <strong>2017</strong> the prices for super fuel<br />
and heating oil noted lower for fuel oil<br />
sligthly lower compared with the<br />
previous month February <strong>2017</strong>. The<br />
average gas station prices for Euro<br />
super consisted of 136.28 €Cent<br />
( February <strong>2017</strong>: 139.39 €Cent, approx.<br />
-3.11 % in brackets: each information<br />
for previous month or rather previous<br />
month comparison), for diesel fuel of<br />
116.56 €Cent (118.27; -1.45 %) and<br />
for heating oil (HEL) of 56.81 €Cent<br />
(59.28, -4.17 %).<br />
The tax share for super with a<br />
consumer price of 136.28 €Cent<br />
(139.39 €Cent) consisted of<br />
65.45 €Cent (48.03 %, 65.45 €Cent)<br />
for the current constant mineral oil<br />
tax share and 21.76 €Cent (current<br />
rate: 19.0 % = const., 22.26 €Cent)<br />
for the value added tax. The product<br />
price (notation Rotterdam) consisted<br />
of 36.05 €Cent (26.45 %, 39.59 €Cent)<br />
and the gross margin consisted of<br />
13.02 €Cent (9.5 %; 12.09 €Cent).<br />
Thus the overall tax share for super<br />
results of 67.0 % (66.0 %).<br />
Worldwide crude oil prices<br />
(monthly average price OPEC/Brent/<br />
WTI, Source: U.S. EIA) were approx.<br />
-6.48 % (+1.41 %) lower in March<br />
compared to February <strong>2017</strong> also<br />
despite the decision of the OPEC<br />
to restrict and lower the crude oil<br />
production. The market showed a<br />
stable development with lower<br />
prices; each in<br />
US-$/ bbl: OPEC basket: 50.32<br />
(53.37); UK-Brent: 51.59 (54.87);<br />
West Texas Intermediate (WTI):<br />
49.33 (53.47)<br />
| | www.mwv.de<br />
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