Monday, 07 October 2019
The first week of trading in October saw a decrease in liquidity, with lower volumes traded as market participants attended market events and prepared their strategies for the fourth quarter.
Nordic Hydro 2019 closed at 34.25 Eurocent/MWh, down 1.25 Eurocents from 35.50 in Week 39. Prices for Nordic Hydro vintages 2020-2022 remained stable despite the low liquidity and closed in the range of 75-90 Eurocent/MWh. Wind GO products continued to trade at a 2-5 Eurocent premium compared to their Nordic Hydro counterparts.
We expect market liquidity to increase in the coming weeks as market players are likely to adjust portfolios entering the fourth quarter which...