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This week’s trading
- Recorded increase in market traded volumes (36%) and but 37% decrease in transactions.
- Continued decrease witnessed in market prices for Nordic Hydro GOs (2021 vintage trading at 42 Eurocents/MWh).
- Market sentiments on GO price outlook continue to be mixed.
As per data from our data partners the first week of June saw a decrease in market activity with a 37% decrease in transactions recorded, however, traded volumes increased by 36% (2.8 TWh) when compared to Week 21.
A majority of the transactions recorded were forward market transactions (62%) which increased by 12% compared to the previous week. The rest of the transactions were for current year production GOs at a 38% share.
This week, Hydro GOs represented 75% of recorded transactions a 5% increase co...
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