Monday, 09 November 2020
The first week (45) of trading in November saw an increase in trade volumes and transactions compared to the week prior (44).
Nordic Hydro GOs saw transactions in the forward markets with 2021, 2022, and 2023 vintages trading at 19.25 Eurocents/MWh, 28.5 Eurocents/MWh, and 32.5 Eurocents/MWh respectively. Nordic Hydro 2021 had a 3% increase in price when compared to the beginning of week 45 while 2022 and 2023 vintages each had 2 Eurocent/MWh decreases in price when compared to the previous week.
EU Hydro GOs also saw some action in the forward markets with 2021, 2022, and 2023 vintages trading respectively at 18.50 Eurocent/MWh, 28.50 Eurocent/MWh, and 34 Eurocent/MWh however prices decreased across all vintages when compared to the previous week.
Trades for Hydro GOs under the Swedish ecolabel Bra Miljöval were also witnessed last week with 2020 and 2021 production y...