New Zealand Electricity Market Wrap
December 2019
- Over the month of December, ASX Otahuhu calendar year 2020 swap price moved down $1.61 to finish the month at $125.44. This is a price separation of -$25.75 from the next calendar year 2021.
- Over the month of December, ASX Benmore calendar year 2020 swap price moved down $2.71 to finish the month at $98.23. This is a price separation of -$9.23 from the next calendar year 2021.
- Total traded volume equaled 7,116 lots which is equivalent to 1.2175 million MWh.
- The daily average traded volume was 355.80 lots and total trade volume is down 49.98% from 2018.
- Total Open interest is 39,974 lots, down 9.03% from 2018
- Futures OI = 32,174 (up 3.95%)
- Options OI = 7,800 (down 39.95%)
| Contract |
Month Open |
High |
Low |
Month Close |
Volume |
Open Interest |
| December Otahuhu |
92.00 |
96.00 |
63.95 |
63.95 |
180 |
1600 |
| December Benmore |
76.50 |
76.50 |
49.60 |
49.60 |
320 |
1453 |
| January Otahuhu |
128.95 |
129.15 |
117.25 |
117.25 |
263 |
703 |
| January Benmore |
80.80 |
81.00 |
66.90 |
66.90 |
250 |
499 |
| Q4 2019 Otahuhu |
110.80 |
113.65 |
102.85 |
102.85 |
10 |
2597 |
| Q4 2019 Benmore |
96.50 |
96.50 |
87.30 |
87.30 |
86 |
1387 |