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Hungary: The price of gas on the CEEGEX exchange reached 37 euros per MWh

 

The average weighted price of natural gas on the day-ahead market of the Hungarian gas exchange CEEGEX increased for the weekend (June 17-18) to 37 euros per MWh. During the working week, spot gas prices varied from 30 to 45 euros per MWh.

The gas price on CEEGEX recorded an almost continuous decline since mid-December last year – on December 14, gas was traded for 128.5 euros per MWh, and in the first days of January, the price dropped to 70.8 euros per MWh. The spot price dropped to 25 euros per MWh un the first week of June.

On the CEEGEX within-day market, the last transactions were recorded on June 18, and the price amounted to 32.8 euros per MWh.

July futures on the TTF exchange decreased by 6% on Friday to 32.775 euros per MWh, while the price for the third quarter was 33.55 euros per MWh. CAL 24 reached 49.3 euros per MWh.

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