Wednesday, 02 December 2020
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Main points for last month:
Trading activity was up compared to October, with respect to both volumes and transactions.
Current year Nordic Hydro continued its downward trend in price, shedding approximately a Eurocent compared to October. Current year trades comprised more than 44% of all transactions, which is a sharp rise from October (27%). Together with the falling price of Nordic Hydro, suggests that producers are keen to liquidate their 2020 vintage, which will expire in the upcoming year.