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Nordic Hydro Update December

Wednesday, 09 January 2019

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Contents:
Market development Nordic Hydro

December was characterized by low market liquidity and few trades, while Nordic Hydro GO prices remained relatively stable. The daily closing prices of 2018 production fell by 5 Eurocent during December, whereas 2019 and 2020 production only had minor price fluctuations.

Traded volumes of Nordic Hydro by our data partners fell by 67% from November. Traded volumes were 84% lower than in December 2017 and 54% lower than in December 2016. 2018 was characterized by continuous trading throughout the year combined with a large number of trades compared to previous years. This may have shifted the focus of market from trading in December. Moreover, traded volumes in December 2017 were higher than normal which was ...

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