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GO market overview April 2020

Tuesday, 05 May 2020

Kevin Lim

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Main points for April:

  • Trading volumes and transactions are up significantly from March.
  • Prices for all vintages fell slightly on average for the month, although Hydro and Wind prices recovered slightly towards the end of the month.
  • The premiums between different technologies decreased to less than 5 Eurocents.
  • Increase in demand for April suggests bullish outlook heading into second quarter of 2020.

The Nordic Hydro 2019 vintage continues to drop in price, and traded under 8 Eurocents. However, current year Hydro and Wind vintage prices appeared to have recovered towards the end of the month.

The number of trades and trade volumes have increased sharply, with the number of transactions and trade volume doublin...

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