Colorado River Basin Historical Replay

Colorado Water PriceFour-Year Sample

CMDT's benchmark for Colorado water, built on real transaction prices from the most actively traded water market in the American West and adjusted daily for supply conditions.

Daily benchmark intelligence

Price Discovery Meets Water Supply

Real Colorado water transactions set the price. Storage, snowpack, streamflow, and drought move it daily.

Methodology at a glance

Water Prices + Hydrology = CMDT Water Index

Real water sales and transactions set the price. Storage, snowpack, streamflow, and drought adjust it daily.

01 · Market Evidence

Real Water Prices

The most recent permanent C-BT water sales - actual transactions, not surveys or estimates - set the anchor.

100 x current fix / baseline fix
02 · Supply Conditions

Real Water Conditions

Reservoir storage, snowpack, streamflow, and drought are measured from official government sources and combined into a single daily supply signal.

mean z(storage, SWE, flow, PDSI, -DSCI, quota)
03 - Scarcity Adjustment

One Daily Index

A bounded multiplier scales the anchor price by the supply signal's deviation from its seasonal baseline - small adjustments in normal conditions, larger ones as scarcity or surplus deepens.

headline x clip(1 - 0.15 x supply z, 0.7, 1.5)