GO prices rise in final week of disclosures: Week 13 Overview

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Highlights:

• Prices for Nordic Hydro vintages increased across all recorded vintage years with the highest price increase witnessed in the 2023 vintage.
• Market activity remained largely stable while 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 reservoir levels decreased by about 1.9% in Week 12 of 2022.

According to data from our data partners, this week saw a slight increase in market activity when compared to the week prior with recorded transactions increasing by 7% while traded volumes remained stable. 

Trading activity this week continues to be more focused on 2022 and 2023 production contracts. 2022 produ...