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Weekly GO Market Brief - Week 20, 2021

Friday, 21 May 2021

Selma P. Utonih

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This week’s trading
  • Recorded a decrease in market traded volumes (18%) and transactions (31%)
  • Increase in market prices across for most GO products
  • Market sentiments are mixed in regards to current outlook on GO prices. 

The third week of May saw a continued decrease in market activity with slightly decreased traded volumes (18%) and transactions (31%) from our data partners compared to the previous week. 67% of the recorded transactions were forward market transactions a slight decrease from the previous week but a signal that market participants continue to balance their forward curve portfolios. This week, Hydro GOs (81%) continue being the dominant product traded.  

Nordic Hydro and Wind

This week saw a continued boost in Nordic Hydro GO prices across all...

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