New Zealand Electricity Market Wrap
March 2020
- Over the month of March, ASX Otahuhu calendar year 2021 swap price moved down $6.43 to finish the month at $94.96. This is a price separation of -$0.75 from the next calendar year 2022.
- Over the month of March, ASX Benmore calendar year 2021 swap price moved down $15.23 to finish the month at $74.76. This is a price separation of -$7.19 from the next calendar year 2022.
- Total traded volume equaled 39,285 lots which is equivalent to 5.6795 million MWh.
- The daily average traded volume was 1,785.68 lots and total trade volume is up 219.42% from 2019.
- Total Open interest is 44,361 lots, down 15.25% from 2019
- Futures OI = 39,411 (up 25.69%)
- Options OI = 4,950 (down 76.42%)
| Contract |
Month Open |
High |
Low |
Month Close |
Volume |
Open Interest |
| March Otahuhu |
133.10 |
133.10 |
73.00 |
75.95 |
1422 |
1611 |
| March Benmore |
55.30 |
55.30 |
36.20 |
43.00 |
1548 |
1723 |
| April Otahuhu |
117.50 |
118.15 |
57.25 |
63.85 |
1562 |
1287 |
| April Benmore |
85.25 |
89.05 |
52.00 |
54.75 |
1383 |
1180 |
| Q1 2020 Otahuhu |
102.00 |
102.00 |
81.70 |
82.70 |
818 |
2751 |
| Q1 2020 Benmore |
56.50 |
56.50 |
50.35 |
52.65 |
775 |
1947 |