New Zealand Electricity Market Wrap

June 2019

  • Over the month of June, ASX Otahuhu calendar year 2020 swap price moved up $6.01 to finish the month at $109.59. This is a price separation of -$15.07 from the next calendar year 2021.
  • Over the month of June, ASX Benmore calendar year 2020 swap price moved up $2.10 to finish the month at $88.76. This is a price separation of -$3.87 from the next calendar year 2021.
  • Total traded volume equaled 12,188 lots which is equivalent to 2.0420 million MWh.
  • The daily average traded volume was 641.47 lots and total trade volume is down 27.15% from 2018.
  • Total Open interest is 51,833 lots, up 34.96% from 2018
    • Futures OI = 34,183 (up 8.53%)
    • Options OI = 17,650 (up 155.43%)

Contract Month Open High Low Month Close Volume Open Interest
June Otahuhu 107.00 115.00 105.00 115.00 200 1116
June Benmore 87.35 93.50 81.50 93.50 110 1313
July Otahuhu 119.35 129.00 110.60 129.00 436 1238
July Benmore 88.60 104.25 88.60 104.25 605 1170
Q2 2019 Otahuhu 114.45 116.30 113.00 116.30 20 2668
Q2 2019 Benmore 93.00 95.05 91.10 95.05 30 2030