Tuesday, 16 July 2019
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GO prices continued their downward trend in June. Nordic Hydro 2019 production closed at 43.5 Eurocent/MWh while 2020 production closed at 70.5, corresponding to a price fall of 22% and 12% respectively, for the Month.
Nordic Hydro 2019 and 2020 production is trading at 39 and 60 Eurocent/MWh at the time of writing. The number of Nordic Hydro trades conducted by our data partners was on par with the number of trades conducted in May, whereas total volumes rose marginally, by 2%. Trading was evenly split between 2019 and 2020 production, both in terms of the number of trades and volumes traded.