Weekly GO Market Brief - Week 40, 2021

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Last week’s trading

• Market activity decreased both in transactions (52%) and traded volumes (62% ).
  
• Prices remained steady. The highest price increase (26%) was for the Dutch Wind 2024 GO vintage.
  
• Low market activity has been partly attributed to hesitant buyers as they observe the market believing that GO prices will decrease.

According to data from our data partners, last week saw a decrease in market activity compared to the previous week as transactions recorded and traded volumes both decreased by 52% and 62% respectively compared to Week 39. Market sources suggest that this decrease in activity over the past two weeks can be partly attributed to some participants selling below market prices a contacted source...