The Futurs Gaz EEX PEG (Gas Exchange Point) listing provides a platform for trading natural gas futures contracts in Europe. These contracts allow buyers and sellers to commit to a fixed price for future deliveries, which helps manage price risks associated with energy market volatility.
The Different Types of Contracts
- M+1 (Monthly Ahead) : Monthly contract which sets the price of gas for the following month.
- Q+1 (Quarterly Ahead) : Quarterly contract which determines the price of gas for the following quarter.
- Y+1 (Year Ahead) : Annual contract which ensures a price for the following year.
These contracts are essential for market participants seeking to stabilize their costs or revenues in the face of the often unstable nature of gas prices.
PEG Price for Contracts as of January 14, 2025
1. Contrats M+1 (Monthly Ahead)
- Current price : 46.471 €/MWh
- Variation since 02/01/2025 : -7%
- Range of the last 30 days : between 39.897 and 49.9 €/MWh
2. Contrats Q+1 (Quarterly Ahead)
- Current price : 46.593 €/MWh
- Change since 01/13/2025 : -5%
- Range of the last 3 months : between €37.47/MWh as of 01/02/2025 and €49,115/MWh as of 11/01/2024
3. Contrats Y+1 (Year Ahead)
- Current price : 39.058 €/MWh
- Change since 01/13/2025 : -2%
- Range of the last 12 months : between 26,074 €/MWh on 01/13/2025 and 39,823 €/MWh on 02/23/2024
Observations and Trends
PEG market prices have recently shown a decline, with significant fluctuations that reflect dynamic developments in the global energy sector. In 2023, the gas price declined to an average level of €45/MWh, illustrating increased supply and reduced demand linked to moderate weather conditions. This indicates a market characterized by notable volatility influenced by macroeconomic developments.
In conclusion
The EEX PEG Futurs Gaz quotation is a key indicator of gas market dynamics in Europe, providing companies and investors with essential tools to anticipate and manage price risks. The M+1, Q+1, and Y+1 contracts allow hedging strategies against volatility, which is particularly relevant in the current energy context. Recent price adjustments suggest a downward trend, which could present both opportunities and challenges for market participants.
| Contract Type | Current Price (€/MWh) | Variation | Price Range |
|---|---|---|---|
| Observations: PEG market prices showed a decline, reflecting dynamic developments in the global energy sector. | |||
| M+1 (Monthly Ahead) | 46.471 | -7% (since 02/01/2025) | Between 39.897 and 49.9 |
| Q+1 (Quarterly Ahead) | 46.593 | -5% (since 01/13/2025) | Between 37.47 and 49.115 |
| Y+1 (Year Ahead) | 39.058 | -2% (since 01/13/2025) | Between 26,074 and 39,823 |
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