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 fixCMDT'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.
Real Colorado water transactions set the price. Storage, snowpack, streamflow, and drought move it daily.
Real water sales and transactions set the price. Storage, snowpack, streamflow, and drought adjust it daily.
The most recent permanent C-BT water sales - actual transactions, not surveys or estimates - set the anchor.
100 x current fix / baseline fixReservoir 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)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)