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Weekly GO Market Brief – Week 48, 2019

Monday, 02 December 2019

Kevin Lim

Last week’s trading 

The last week of trading in November saw an uptick in market activity, as the liquidity improved from the previous weeks. Despite the increased liquidity, prices continued down for 2019 production.

Nordic Hydro 2019 production closed at 26.50 Eurocent/MWh, one Eurocent down from closing in week 47. Nordic Hydro vintages 2020-2022 traded in a similar price range as in previous weeks,  57-77 Eurocent/MWh price. Wind GO products saw their premiums over their Nordic Hydro counterparts slashed to a 1-2 Eurocent premium for 2020 and 2021 production. 

This week

The outlook in the coming weeks is u...

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