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Main points for July:
- Trading volumes and transactions increased from June.
- Major products (Nordic Hydro and EU Hydro in particular) traded up in price from last month.
- Activity expected to increase towards the end of August.
The 2019 GO vintages saw trades above 10 Eurocents after seeing limited transactions and low prices the previous month in June.
Trading activity increased slightly from June, both number of transactions (7% increase) and volume (31%).
Most (73%) of the recorded transactions were associated with future year production. Hydro GOs (both continental EU and Nordic) accounted for nearly 90% of the total transactions.
Spread between production years
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