Sign up for weekly Market Wrap emails

New Zealand Electricity Market Wrap

September 2020

  • Over the month of September, ASX Otahuhu calendar year 2021 swap price moved up $12.43 to finish the month at $110.99. This is a price separation of -$15.83 from the next calendar year 2022.
  • Over the month of September, ASX Benmore calendar year 2021 swap price moved up $12.45 to finish the month at $98.50. This is a price separation of -$19.38 from the next calendar year 2022.
  • Total traded volume equaled 46,604 lots which is equivalent to 6.2589 million MWh.
  • The daily average traded volume was 2,118.36 lots and total trade volume is up 204.44% from 2019.
  • Total Open interest is 70,299 lots, up 50.88% from 2019
    • Futures OI = 52,749 (up 60.12%)
    • Options OI = 17,550 (up 28.57%)

Contract Month Open High Low Month Close Volume Open Interest
September Otahuhu 130.40 154.55 130.40 137.70 1683 1991
September Benmore 122.85 145.45 122.85 126.60 1168 1160
October Otahuhu 132.15 155.65 123.00 129.55 1844 1020
October Benmore 134.30 148.25 111.80 113.40 1916 959
Q3 2020 Otahuhu 135.00 141.80 135.00 136.30 487 3208
Q3 2020 Benmore 122.50 131.25 122.50 124.35 636 1976