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Weekly GO Market Brief – Week 20, 2020

Monday, 18 May 2020

Elias Borøchstein Syslak

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Last week’s trading

Trading during the previous week saw a demand driven surge* in prices, which might have been followed by sellers holding back pushing the market even further up. The greatest demand in the market was for Hydro GO products further out on the curve, which then naturally saw the greatest price increase. Following the price hike early in the week the market slowed down slightly towards the end of the week.

Nordic Hydro GOs saw trades across a range of vintages, with 2021 production peaking at 43.50 Eurocent/MWh, a massive 14 Eurocent jump from 29.5...

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