Hungary: The spot price of gas continued to fall, up to 33.6 euros per MWh, SEE Energy News
The price on the day-ahead market of the Hungarian gas exchange CEEGEX continued to fall in the third week of May. The weighted average daily price for the weekend (May 20 – 21) amounted to 33.6 euros per MWh, compared to 36.5 euros per MWh the previous weekend. Compared to Friday, the price fell by 1 euro per MWh. During the working week, the highest spot price was recorded on Monday, May 15 – 36.67 euros per MWh.
The gas price on the Hungarian exchange has been continuously falling since mid-December 2022.
On the CEEEGEX within-day market, the last transactions were registered on Saturday, at a price of around 31.92 euros per MWh, for minimum volumes of 4 MWh/h.
On the European exchange TTF, futures for June stood at 30.04 euros per MWh on Friday, compared to 32.97 euros per MWh a week earlier. Contracts for the third quarter were traded for 31,805 euros per MWh. CAL24 reached 50,375 euros per MWh.