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Highlights
- Prices for Nordic Hydro for current and forward vintages increased this week with the highest price increase in the 2022 vintage.
- Recorded transactions and volumes decreased by 57% and 80% with 2022 production GOs having the largest share of recorded transactions this week.
- The Nordic hydropower reservoir levels continue to recover, having increased by 5.9% in Week 26 of 2022.
This week's focus seems to be on the current year and short-term forward year contracts, as in Week 26. Trading activity was focused on 2022 production products that had a 54% share of trades. This was followed by 2023 and 2024 production volumes which both had a 23% share. As we wrote two weeks ago, the activity picked up in Week 26, mostly due to the very low activity level last week be...
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