New Zealand Electricity Market Wrap

April 2019

  • Over the month of April, ASX Otahuhu calendar year 2020 swap price moved down $1.20 to finish the month at $102.22. This is a price separation of -$11.98 from the next calendar year 2021.
  • Over the month of April, ASX Benmore calendar year 2020 swap price moved down $1.13 to finish the month at $88.24. This is a price separation of -$6.95 from the next calendar year 2021.
  • Total traded volume equaled 11,022 lots which is equivalent to 1.9018 million MWh.
  • The daily average traded volume was 580.11 lots and total trade volume is up 47.97% from 2018.
  • Total Open interest is 43,151 lots, up 32.26% from 2018
    • Futures OI = 28,801 (up 5.24%)
    • Options OI = 14,350 (up 172.81%)

Contract Month Open High Low Month Close Volume Open Interest
April Otahuhu 164.60 164.60 116.25 116.25 390 1291
April Benmore 141.50 141.50 98.15 98.15 592 968
May Otahuhu 154.20 167.85 130.00 130.00 420 583
May Benmore 136.25 150.00 105.00 105.00 295 568
Q2 2019 Otahuhu 157.00 164.35 130.40 130.40 93 2622
Q2 2019 Benmore 138.00 145.00 104.40 104.40 395 2026