New Zealand Electricity Market Wrap
May 2020
- Over the month of May, ASX Otahuhu calendar year 2021 swap price moved up $0.80 to finish the month at $91.87. This is a price separation of -$4.20 from the next calendar year 2022.
- Over the month of May, ASX Benmore calendar year 2021 swap price moved up $3.58 to finish the month at $78.36. This is a price separation of -$6.89 from the next calendar year 2022.
- Total traded volume equaled 33,716 lots which is equivalent to 4.7725 million MWh.
- The daily average traded volume was 1,605.52 lots and total trade volume is up 79.12% from 2019.
- Total Open interest is 44,225 lots, down 10.26% from 2019
- Futures OI = 36,675 (up 13.09%)
- Options OI = 7,550 (down 55.19%)
| Contract |
Month Open |
High |
Low |
Month Close |
Volume |
Open Interest |
| May Otahuhu |
70.30 |
128.80 |
65.90 |
128.80 |
1566 |
1008 |
| May Benmore |
61.95 |
108.80 |
56.00 |
108.80 |
1460 |
1074 |
| June Otahuhu |
83.10 |
110.45 |
76.85 |
108.65 |
2371 |
1282 |
| June Benmore |
71.95 |
95.50 |
62.00 |
95.50 |
1776 |
969 |
| Q2 2020 Otahuhu |
67.00 |
95.50 |
63.60 |
95.50 |
1444 |
1816 |
| Q2 2020 Benmore |
58.70 |
82.40 |
53.00 |
82.40 |
1478 |
1357 |