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Highlights
- Prices for Nordic Hydro for current and forward vintages decreased this week with the highest price decrease witnessed in the 2022 vintage.
- Recorded transactions and volumes decreased by 68% and 63% with 2022 production GOs having the largest share of recorded transactions this week.
- The Nordic hydropower reservoir levels continue to recover, having increased by 5% in Week 24 of 2022.
This week's focus seems to be on the current year and short-term forward year contracts, as in Week 24. Trading activity was focused on 2022 production products that had a 71% share of trades. This was followed by 2024 production volumes that accounted for the remainder, 29%. Surprisingly, 2023 vintages weren't traded this week. What is not a surprise is the decreasing amoun...
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