atw 2017-12
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<strong>atw</strong> Vol. 62 (<strong>2017</strong>) | Issue <strong>12</strong> ı December<br />
May <strong>2017</strong><br />
• Uranium: 19.25–22.75<br />
• Conversion: 5.00–5.50<br />
• Separative work: 42.00–45.00<br />
June <strong>2017</strong><br />
• Uranium: 19.25–20.50<br />
• Conversion: 5.55–5.50<br />
• Separative work: 42.00–43.00<br />
July <strong>2017</strong><br />
• Uranium: 19.75–20.50<br />
• Conversion: 4.75–5.25<br />
• Separative work: 42.00–43.00<br />
August <strong>2017</strong><br />
• Uranium: 19.50–21.00<br />
• Conversion: 4.75–5.25<br />
• Separative work: 41.00–43.00<br />
September <strong>2017</strong><br />
• Uranium: 19.75–20.75<br />
• Conversion: 4.60–5.10<br />
• Separative work: 40.50–42.00<br />
October <strong>2017</strong><br />
• Uranium: 19.90–20.50<br />
• Conversion: 4.50–5.25<br />
• Separative work: 40.00–43.00<br />
| | Source: Energy Intelligence<br />
www.energyintel.com<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 />
20<strong>12</strong>: 93.02; 27,453,635<br />
2013: 79.<strong>12</strong>, 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.<strong>12</strong>; 5,970,240<br />
III. quarter: 65.03, 7.257.041<br />
IV. quarter: 88.28; 7,932,550<br />
<strong>2017</strong>:<br />
I. quarter: 95.75; 8,385,071<br />
II. quarter: 86.40; 5,094,233<br />
| | Source: BAFA, some data provisional<br />
www.bafa.de<br />
EEX Trading Results<br />
October <strong>2017</strong><br />
(eex) In October <strong>2017</strong>, the European<br />
Energy Exchange (EEX) achieved a<br />
total volume of 261.3 TWh on its<br />
power derivatives markets (October<br />
2016: 410.1 TWh). The October<br />
volume comprised 141.1 TWh traded<br />
at EEX via Trade Registration with<br />
subsequent clearing. Clearing and<br />
settlement of all exchange transactions<br />
was executed by European<br />
Commodity Clearing (ECC). The shift<br />
in liquidity from the German-Austrian<br />
Phelix Future into the German Phelix<br />
DE future continued to increase<br />
in October. A large share of German<br />
| | Uranium spot market prices from 1980 to <strong>2017</strong> and from 2006 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 />
| | 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 />
trading volumes for maturities<br />
beyond 2018 is already traded in<br />
the Phelix DE Futures on a regular<br />
basis. In October, options were<br />
traded on the basis of the new<br />
Phelix-DE Future for the first time.<br />
The Settlement Price for base<br />
load contract (Phelix Futures) with<br />
delivery in 2018 amounted to<br />
36.71 €/MWh. The Settlement Price<br />
for peak load contract (Phelix Futures)<br />
with delivery in 2018 amounted to<br />
45.17 €/MWh.<br />
On the EEX Market for emission<br />
allowances, 142.3 million tonnes of<br />
CO 2 (October 2016: 80.5 million<br />
tonnes of CO 2 ) were traded in October.<br />
The total volume increased to 77%.<br />
Primary market auctions contributed<br />
84.1 million tonnes of CO 2 to the<br />
total volume. At 55.7 million tonnes<br />
of CO 2 volumes on the derivatives<br />
market more than doubled compared<br />
to October 2016 (19.4 million tonnes<br />
of CO 2 ).<br />
The E-Carbix amounted to<br />
7.25 €/EUA, the EUA price with<br />
delivery in December <strong>2017</strong> amounted<br />
to 6.88/7.80 €/ EUA (min./max.).<br />
| | www.eex.com<br />
MWV Crude Oil/Product Prices<br />
September <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 September <strong>2017</strong> the prices for super<br />
fuel, fuel oil and heating oil noted<br />
again slightly higher compared with<br />
the previous month August <strong>2017</strong>. The<br />
average gas station prices for Euro<br />
super consisted of 137.<strong>12</strong> €Cent<br />
( August <strong>2017</strong>: 134.01 €Cent, approx.<br />
+2.32 % in brackets: each information<br />
for pre vious month or rather previous<br />
month comparison), for diesel fuel of<br />
114.36 €Cent (1<strong>12</strong>.40; +1.74 %) and<br />
for heating oil (HEL) of 55.84 €Cent<br />
(53.24, +4.88 %).<br />
The tax share for super with a<br />
consumer price of 137.<strong>12</strong> €Cent<br />
(134.01 €Cent) consisted of<br />
65.45 €Cent (47.73 %, 65.45 €Cent)<br />
for the current constant mineral oil<br />
tax share and 21.89 €Cent (current<br />
rate: 19.0 % = const., 21.40 €Cent)<br />
for the value added tax. The product<br />
price (notation Rotterdam) consisted<br />
of 37.79 €Cent (27.56 %, 35.37 €Cent)<br />
and the gross margin consisted of<br />
11.99 €Cent (8.74 %; 11.79 €Cent).<br />
Thus the overall tax share for super<br />
results of 66.73 % (67.84 %).<br />
Worldwide crude oil prices<br />
(monthly average price OPEC/Brent/<br />
WTI, Source: U.S. EIA) were approx.<br />
+6.68 % (+5.<strong>12</strong> %) higher in<br />
September compared to August <strong>2017</strong>.<br />
The market showed a stable<br />
development with higher prices; each<br />
in US-$/bbl: OPEC basket: 53.44<br />
(49.60); UK-Brent: 56.15 (51.70);<br />
West Texas Inter mediate (WTI):<br />
49.82 (49.82).<br />
| | www.mwv.de<br />
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