Weekly GO Market Brief - Week 37, 2021

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Last week’s trading

• Week 37 witnessed a decrease in market activity with transactions and traded volumes decreasing by over 20%.

• Market prices increased for most products. The highest price increase (33%) was for Nordic Hydro 2022 GOs attributed to continued reservoir level concerns and demand from market players for hedging despite higher prices.
  
• Market players continue to report stable to bullish outlooks on GO prices for the rest of the year with the belief that there will be steady demand at current price levels.

According to data from our data partners, this week saw a dip in market activity compared to the previous week, as transactions recorded and traded volumes both decreased by 23% and 29% respectively compared to Week 36.

A majority of the transactions recorded th...