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Weekly GO Market Brief - Week 11, 2022

Friday, 18 March 2022

Selma P. Utonih

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Author: Selma P Utonih

Highlights:

  • Market activity increased in the second week of March, according to data from our partners.
  • Prices for Nordic Hydro vintages decreased across all recorded vintage years with the highest price decrease witnessed in the 2024 production product supporting forward market bearish sentiment claims.
  • 2022 production GoOs had the largest share of recorded transactions last week attributed to increasing shift in demand from participants refocusing on hedging current year consumption.
  • The Nordic hydropower balance decreased by about 2.7% in Week 10 of 2022.

According to data from our data partners, thi...

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