Market Price Validation (MPV)


On a monthly basis, ICE Data’s Market Price Validation Service (MPV) provides independent, consensus forward curve and option values for long-dated (5-20 years) global commodity contracts. At the middle and end of each month, MPV participant companies, representing the world’s largest commodity trading entities, submit their forward curve and option prices for widely held global commodity contracts.

The ICE Data team then audits and averages these submissions to create consensus forward curve and option values that are then published back to participants. MPV participants use these consensus forward curve and option values to mark their portfolios in accordance with recent FASB accounting rules concerning the treatment and valuation of commodity derivatives.

ICE Data can provide consensus prices for over two hundred curves the following contracts:

MPV Market Coverage

  • North American and European Power
  • North American and European Natural Gas
  • Crude Oil
  • Products
  • Coal
  • Freight Wet and Dry
  • Metals Base and Precious
  • Agricultures