Argus Launches New Weekly Report – Argus Biomass Markets
May 20, 2009
LONDON, May 20 /PRNewswire/ — Argus Biomass Markets, a new weekly report launched today, offers unique insight into the emerging global trade in industrial wood pellets.
The report contains the Argus Biomass Index (ABI), a weekly spot price benchmark for pellets delivered cif northwest Europe. The ABI will provide an accurate reference price that market participants can use in physical supply contracts and for risk management purposes as the market gains liquidity.
Argus Biomass Markets offers assessments of forward prices for up to a year ahead, and spot assessments for fob export prices from North America.
Drawing on Argus’ expertise in coal, gas, power, emissions, oil and freight markets, the report will offer calculations of power generation economics for key European countries, showing clean dark spreads and comparisons with biomass spark spreads.
Detailed market commentary will analyse fundamentals and price drivers in Europe and North America. The report will provide the latest biomass market news, gathered by Argus correspondents around the world.
Argus chairman and chief executive
Adrian Binks said: “We are delighted to add Argus Biomass Markets to our extensive range of generation fuel and energy market reports. Biomass will play an increasingly important role as the world moves towards greater reliance on renewable power. Argus’ expertise in coal, gas, power, emissions, oil and freight means that we are uniquely positioned to assess the emerging biomass markets and to aid the development of liquidity through the provision of reliable price benchmarks.”
Contact:
Stuart Penson, European Power and Emissions Editor, tel +4420 7780 4221
About Argus
Argus Media is a leading provider of price assessments, business intelligence and market data on the global coal, electricity, oil, gas, emissions and transportation industries. It is headquartered in London, and has offices in Houston, New York, Washington DC, Dubai, Singapore, Tokyo, Beijing, Moscow, Astana, Kiev and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company. Learn more at www.argusmedia.com/bioenergy
SOURCE Argus Media
Source: newswire
