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Understanding the EEX PEG Futurs Gaz Quote

The EEX (European Energy Exchange) PEG (Gas Exchange Point) Futurs Gaz quotation is a key indicator for the European natural gas market. The EEX exchange, located in Leipzig, is one of the main energy trading platforms in Europe, and the PEG is a virtual hub where natural gas is traded in France. This market plays a vital role in determining natural gas prices by providing a price reference based on futures transactions.

Futures contracts are standardized agreements to buy or sell a specific quantity of gas at a defined price, on a future date. This structure allows companies and investors to hedge against price fluctuations, plan for the long term or even speculate on future market movements.

PEG Price for Contracts as of November 24, 2024

M+1 contract (January 2025)

• Prix: 47.089 €/MWh
• Evolution Compared to 11/21/2024: -2%
• Beach of the Last 30 Days: 39.092 €/MWh à 48.126 €/MWh

The M+1 contract is the one for delivery the following month, here January 2025, and showed a slight reduction of 2% compared to November 21. Volatility over the past 30 days illustrates varying market conditions.

Contract Q+1 (1st Quarter 2025)

• Prix: 47.002 €/MWh
• Evolution Compared to 11/21/2024: -2%
• Last 3 Months Range: 35.283 €/MWh à 47.868 €/MWh

The contract for the first quarter of 2025 follows a similar evolution to the monthly contract with a decline of 2%, showing adjustments in short-term expectations. This range over the last three months highlights real uncertainty in supply and demand.

Contract Y+1 (Year 2025)

• Prix: 44.167 €/MWh
• Evolution Compared to 11/21/2024: -2%
• Range of the last 12 months: 26.616 €/MWh à 45.182 €/MWh

The anticipated year for 2025 exhibits a similar bearish effect, with annual variations indicating fluctuating market conditions that nearly doubled its value at the start of the year.

Analysis and Reflection

The PEG gas market illustrates complex dynamics influenced by various factors, such as seasonality, variations in energy demand, or geopolitical events. These fluctuations directly influence companies’ purchasing strategies and the overall energy economy. For professionals and market participants, it is crucial to monitor these indices to make informed decisions regarding risk management and strategic planning.

In sum, EEX PEG futures quotes are an essential tool for energy market participants, providing transparency and essential planning capability in an increasingly uncertain energy environment.