Monday, 05 August 2019
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The last week of trading in July saw a continued return of buying interest from fundamental buyers and along with more market players returning to trading after vacation contributed to the increasing trading activity.
Nordic Hydro 2019 closed at 44 Eurocent/MWh, the same price level that it traded at in closing in week 30. Prices for Nordic Hydro vintages 2020 and later continued their bullish trend and increased last week to trade around the 85 Eurocent/MWh price point (corresponding to an average increase of 12%). Wind GOs typically trade at a premium over Nordic Hydro, but in recent weeks the premium has closed and the prod...