PanXchange produces indices for emerging commodities bringing price transparency, price discovery, and key market intelligence. We acquire pricing information by conducting surveys with vetted and anonymous market participants and make expert assessments based on a variety of factors. We will publish monthly spot biomass assessments for Colorado, Oregon, and Kentucky, with plans of expanding crude, distillate, and isolate reporting as well as additional regions.
The spot biomass market has remained relatively stable throughout February, with transactions ranging from $2.50 to $4.60 per percentage point of CBD content (/point). The price range is influenced by the overall quality of the biomass (where and how it is grown, moisture level, and the relative CBD content) as the highest returns have been seen on high CBD content biomass, generally above 12 percent.
Today marks the first edition of the hemp market pricing update. PanXchange produces indices for emerging commodities bringing price transparency, price discovery, and key market intelligence. We acquire pricing information by conducting surveys with vetted and anonymous market participants and make expert assessments based on a variety of factors.