German Energy Pricing Trends - 1 Apr. 2021
1 Apr 2021
German Electricity Pricing | 1 April 2021
The electricity futures market prices for the front years 2022 and 2023 fell slightly. This was due to the slight decreases in the weekly comparison for coal, gas and CO2 prices. Cal22 stood at 56.13 €/MWh (-0.69%) in a weekly comparison.
German Natural Gas Pricing | 1 April 2021
Gas prices also lost on a weekly basis, although the blockade of the Suez Canal by one of the world's largest freighter ships in the course of the past week initially drove up gas prices. Cal22 at 18.062 €/MWh (-0.44%) and the Cal23 at 17.072 €/MWh (-0.26%).
German CO2 Pricing | 1 April 2021
CO2 prices lost a little more than 2% in a weekly comparison. Weather and fears of a further decline in the economy due to the consequences of the corona caused a bearish mood in the market. In a weekly comparison, the December 2021 contract closed lower at 41.85 €/t (-2.31%).
German Oil Pricing | 1 April 2021
The downward movement in oil prices initially continued last week. On Wednesday the news about the freighter stuck in the Suez Canal sparked strong buying interest and rising prices. In a weekly comparison the barrel of the North Sea Brent was on March 29, 2021 at 65.05 USD/bbl (+1.20%).
German Coal Pricing | 1 April 2021
Coal prices also fell in the reporting week. On the other hand, floods and damaged loading stations at the largest coal port in Australia caused prices to rise. The API2 CIF ARA 2022 at 29th March, 2021 compared to the Monday of the previous week was lighter at 72.56 $/t (-0.53%).
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