GO Week 18 Overview - Less volumes traded and higher GoO prices

  Interactive charts, tables and graphics removed. Subscribers see full content

Highlights:

• Prices for Nordic Hydro vintages increased across all recorded vintage years, with the highest price increase witnessed in the 2023 and 2024 vintages.
•  Recorded transactions increased by 12% however volumes traded decreased by 4% with 2022 production GOs 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 17 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 increased by 12% however traded volumes recorded decreased by 4% when compared to the week prior.

Trading activ...