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New Zealand Electricity Market Wrap

April 2022

  • Over the month of April, ASX Otahuhu calendar year 2023 swap price moved up $15.30 to finish the month at $192.26. This is a price separation of -$19.99 from the next calendar year 2024.
  • Over the month of April, ASX Benmore calendar year 2023 swap price moved up $13.28 to finish the month at $166.93. This is a price separation of -$20.33 from the next calendar year 2024.
  • Total traded volume equaled 58,830 lots which is equivalent to 3.1738 million MWh.
  • The daily average traded volume was 3,268.33 lots and total trade volume is up 139.62% from 2021.
  • Total Open interest is 67,876 lots, down 23.87% from 2021
    • Futures OI = 64,476 (down 23.48%)
    • Options OI = 3,400 (down 30.61%)

Contract Month Open High Low Month Close Volume Open Interest
April Otahuhu 250.65 250.65 194.95 196.85 1565 2434
April Benmore 236.85 236.85 195.10 199.20 1555 1279
May Otahuhu 273.00 273.00 237.65 237.65 2395 1587
May Benmore 249.00 249.00 217.55 218.50 1720 944
Q2 2022 Otahuhu 262.00 262.00 220.00 220.00 1310 3444
Q2 2022 Benmore 240.00 240.00 208.00 209.00 1105 2319