The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 57 per cent to 348.3 TWh in March 2019 (March 2018: 222.4 TWh).
In particular, the German Phelix-DE product (234.6 TWh, +75 per cent) as well as the Italian market (56.7 TWh, +58 per cent) contributed to this development. Furthermore, volumes on the markets for Austria (1.4 TWh), Spain (11.9 TWh) and Central/South-Eastern Europe (13.1 TWh) also increased significantly.
On the EEX markets for emission allowances, trading volumes totalled 101.1 million tonnes of CO2 in March (March 2018: 246.6 million tonnes of CO2). Primary Market Auctions contributed 55.5 million tonnes of CO2 to the total volume. On the secondary market, trading volumes totalled 45.7 million tonnes of CO2 (March 2018: 171.6 million tonnes of CO2).
Throughout March, trading volumes in agricultural products increased by 6 per cent to 3,914 contracts (March 2018: 3,678 contracts). In the dairy segment, the volume reached 1,485 contracts (equal to 7,505 tonnes). In processing potatoes, volumes increased by 10 per cent to 2,429 contracts (equal to 60,725 tonnes).
Trading volumes in Freight increased four-fold with 9,430 lots traded in March (March 2018: 2,270 lots). This represents by far the highest monthly volume in this market. The previous record totalled 7,025 lots and was achieved in October 2018.
The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power and Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.
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