UEEX has started publishing new indicators for liquefied gas and gas condensate

Starting today, June 8, 2023, the Ukrainian Energy Exchange will start publishing a monthly index of weighted average prices in the direction "Trade in exchange goods, included in the list of types of products, which are traded exclusively on organized commodity markets."

Indexes of weighted average prices are a convenient tool for analyzing the price situation on commodity markets. By publishing price indices, UEEX LLC fulfills one of its main tasks - providing generally recognized price indicators for the main types of exchange goods: liquefied gas and gas condensate. The purpose of introducing the index publication was to provide up-to-date and open information about price changes and trends on the liquefied gas and gas condensate markets by creating internal pricing indicators. This will allow market participants to make informed decisions about buying, selling and managing the risks associated with these commodities.

Indices of weighted average prices for liquefied gas and gas condensate will be published regularly, every month, reflecting the weighted average price based on the data of exchange transactions for exchange goods for the entire settlement history and will be available free of charge on the official website of UEEX LLC.

Calculation and publication of indices will be carried out in accordance with the current Methodology.

"We strive to ensure transparency in the market and provide the most convenient tools for its participants. The index of weighted average prices for gas condensate, as well as for liquefied gas, will enable market participants to obtain information on price fluctuations, allowing for more effective planning and risk management," said CEO of UEEX Oleksandr Kovalenko.