Friday, 14 June 2019
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GO prices continued to fall in May. Nordic Hydro 2019 production closed at 55.75 Eurocent/MWh while 2020 production closed at 80.5, corresponding to a price fall of 29% and 18% respectively.
Nordic Hydro 2019 and 2020 production is trading at 56 and 70.50 Eurocent/MWh at the time of writing. The number of Nordic Hydro trades conducted by our data partners rose slightly in May, whereas total volumes traded fell by 44%. Trading was centred around 2019 production, both in terms of number of trades and volumes traded.