Contract code RWP
Unit of trading Twenty-five tonnes
Pricing unit/quotation (= price basis) Euro and euro cents per tonne 
Origins tenderable Any origin
Quality Residential wood pellets produced from stem wood or chemically untreated residues from the wood processing industry, ENplus A1 certified.


Physical parameters and properties
-  Diameter: 6 mm ±1 mm
-  Length: 3.15 mm minimum, 40 mm maximum
-  Moisture content: 10% maximum as received
-  Ash content: 0.7% maximum, dry basis
-  Mechanical durability: 98% minimum as received
-  Fines (≤ 3.15 mm): basis 4%, maximum 6% as received
-  Net calorific value: 4.6 kWh/kg minimum as received
-  Bulk density: 600 kg/m3 minimum, 750 kg/m3 maximum, as received

Chemical analysis
-  Additives: 2% maximum, as received
-  Nitrogen content: 0.3% maximum dry basis
-  Sulfur content: 0.04% maximum dry basis
-  Chlorine content: 0.02% maximum dry basis
-  Ash deformation temperature 1200° Celsius minimum (ash produced at 815° Celsius)

Minimum price movement (tick size and value) 25 euro cents per tonne (€6.25)
Delivery months March, June, September, December such as twelve delivery months are available for trading.
Introduction of new expiry months First trading day following the last trading day.
Wholesale services Against Actuals, Exchange for Swaps
Euronext market Paris
Last trading day The last business day of the month preceding the delivery month.
Settlement (Delivery)  FOB barge in the ARA zone, including the port Ghent (Belgium).
Delivery period Loading can commence on any business day from the first business day of the delivery period up to five business day before the end of the specified delivery period.
Exchange Delivery Settlement Price (EDSP) (methodo price) EDSP as a physically delivered contract (please refer to the technical specifications)
Clearing organization LCH SA
Delivery limits Delivery limits are set by LCH S.A. and are published 80 days before the last trading day and are applicable for 12 days before the last trading day of the delivery month. Please refer to the LCH S.A. notices on the website.
Trading hours 10:45 - 18:30 CET
Trading platform Optiq
Algorithm Central order book applies a price-time trading algorithm, with priority given to the first order at the best price.
Last update 28 May 2019