This is a natural extension to our existing offering of forward price
curves in oil, natural gas, coal and electric power," said Paul Waine, Platts global director of commodity risk solutions.
The graphs are compiled using market data from end-of-day reports; and provide information about what 1-year forward prices
for gas and power are likely to be if clients "went to market" on that day.
The forward price
was still at $3,051 on Friday thanks to some fund buying but then the market was hit by a surge in the value of the US dollar and the three-months price closed the week unchanged at $3,001.
Thus, there may be a few dollars/MWh of risk in forward prices
that could move either way depending on pending rule resolutions and market responses.
Aluminium: Backwardationsin the forward prices
may be evident to next February but this is doing nothing to help the overall price.
Bell told the meeting that current forward prices
value wheat for the coming harvest at around 75 [pounds sterling] per tonne - 15 [pounds sterling] per tonne higher than last season.
Are oil and gas forward prices
unbiased estimates of oil and gas prices in the future?
BeefScout(TM) uses proprietary technology to provide market driven prices through a web-based tool to benchmark forward prices
on cuts and trims of beef.
Copper, aluminium and nickel contracts featured, with most of the action being in the spreads between the cash and forward prices
That's not to say that producing ethanol won't deliver handsome rewards - - forward prices
are still well above production costs, OPIS calculates.
The spreads between the cash and forward prices
continued to tighten with the cash-to-three-month backwardation standing at $230 per tonne.
While the APSC did allow an interim increase of $45 million filed in September 2005 to remain in effect, Fitch estimates that based on March 2006 forward prices
EAI could under-recover approximately $7 million to $9 million per month.