AU 21:32 Closed
NZ 23:32 Closed

 Thu 6 Aug 2026
 Trading Day

New Zealand Electricity Market Wrap

July 2026

Over the month of July, ASX Otahuhu calendar year 2027 swap price moved down $6.92 to finish the month at $123.44. This is a price separation of +$4.75 from the next calendar year 2028.
Over the month of July, ASX Benmore calendar year 2027 swap price moved down $8.25 to finish the month at $105.74. This is a price separation of +$5.55 from the next calendar year 2028.
Total traded volume equaled 66,205 lots which is equivalent to 11.4127 million MWh.
The daily average traded volume was 3,009.32 lots and total trade volume is up 22.20% from 2025.
Total Open interest is 163,515 lots, up 72.95% from 2025.
- Futures OI = 113,083 (up 38.39%)
- Options OI = 50,432 (up 292.93%)

Contract	Month Open	High	Low	Month Close	Volume	Open Interest
July Otahuhu	$76.25	$80.80	$53.25	$64.70	2266	2427
July Benmore	$63.00	$67.15	$40.50	$44.85	1781	1758
Otahuhu	$86.05	$90.00	$63.40	$78.35	2953	2184
Benmore	$72.75	$73.95	$46.75	$57.50	2495	1245
Q3 2026 Otahuhu	$79.50	$83.30	$57.00	$67.35	2088	9905
Q3 2026 Benmore	$67.50	$70.30	$42.85	$50.00	1810	5951

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