UEEX results in January 2021: growth by the main directions

During January 2021, 89 trading sessions were held at UEEX, by its result at PP BETS and PP BETS «Electric Power» total amount of sold various types of energy resources was UAH 10,2 bln. (with VAT), that is 20,5 % more than in January 2020.

There are more than 1000 Companies among Exchange trades participants already, and on «Electricity» direction more than 300. More and more companies are joining the short-term natural gas market launched by UEEX in September last year.

Trade volumes on UEEX by main directions, mln. UAH

There are significant growth of trade volumes in the main directions of activities on January 2021, for example, on «Natural gas» direction - 4,5 times compared to January 2020, on «Electricity» direction in the free market - 3 times. An important role in increasing of natural gas trade volumes was the launch of natural gas sale by Naftogas Trading using a post-payment bank guarantee in November, which together with introduction of general account for guarantee fee accounting was positively meet by the market.

Natural gas prices by monthly resources, UAH per thousand cubic meters
(February 8, 2021)

The price of the January natural gas resource in 2021 increased by 37.5% compared to January 2020. Trade activity increased significantly, including resources of the next monthes. Thus, in January the resource of March was sold, on February 8, there were sold resources to April 2021 inclusive.

«We are now working to improve existing trading processes and constantly offer market participants new functionality. Thus, many innovations have been introduced in the direction of Natural Gas». Currently, successfully operating three segments that have been able to increase the presence of UEEX in the natural gas market of Ukraine: medium- and long-term market, intraday, day-ahead market. We are also actively cooperating with Ukrtransgaz in the direction of expanding the range of services offered for natural gas trade in UGS. Therefore, we try to feel the needs of market participants and, being in close dialogue with traders and public authorities, we build a trading mechanism that would fully meet the needs of stakeholders". - commented UEEX CEO, O. Kovalenko.