GO Week 17 Overview - Continued downward trend on prices witnessed

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Highlights:

• Prices for Nordic Hydro vintages decreased across all recorded vintage years, with the highest price decrease witnessed in the 2022 and 2023 vintages.
• Recorded transactions and traded volumes increased with 2022 having the largest share of recorded transactions this week attributed to an increasing shift in demand from participants refocusing on hedging current year consumption.
  
• The Nordic hydropower reservoir levels decreased by about 1% in Week 15 of 2022.

According to data from our data partners, this week saw a slight rise in market activity when compared to the week prior. Recorded transactions and traded volumes increased by 35% and 58% respectively.

Trading activity this week continu...