Monday, 12 August 2019
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The first full week of trading in August saw an increase in trading activity and a slight decline of prices following the price hike seen in week 31. Continued return of buying interest from fundamental buyers provided support for the current price levels on trades through the week.
Nordic Hydro 2019 closed at 40.50 Eurocent/MWh, down from 44 Eurocent/MWh at the end of week 31. Prices for Nordic Hydro vintages 2020 and later continued to trade around the 80 Eurocent/MWh price point. Wind GOs typically trade at a premium over Nordic Hydro, but in recent weeks the premium has closed and the products continued...