New Zealand Electricity Market Wrap
October 2019
- Over the month of October, ASX Otahuhu calendar year 2020 swap price moved down $8.42 to finish the month at $125.52. This is a price separation of -$27.81 from the next calendar year 2021.
- Over the month of October, ASX Benmore calendar year 2020 swap price moved down $9.97 to finish the month at $104.26. This is a price separation of -$16.52 from the next calendar year 2021.
- Total traded volume equaled 13,451 lots which is equivalent to 1.8596 million MWh.
- The daily average traded volume was 611.41 lots and total trade volume is down 12.13% from 2018.
- Total Open interest is 37,648 lots, up 0.38% from 2018
- Futures OI = 31,148 (up 8.47%)
- Options OI = 6,500 (down 26.05%)
| Contract |
Month Open |
High |
Low |
Month Close |
Volume |
Open Interest |
| October Otahuhu |
146.50 |
148.30 |
128.00 |
128.00 |
112 |
812 |
| October Benmore |
133.40 |
141.00 |
119.30 |
119.70 |
320 |
1240 |
| November Otahuhu |
153.55 |
156.00 |
110.55 |
110.55 |
345 |
615 |
| November Benmore |
140.55 |
145.35 |
94.30 |
94.30 |
592 |
762 |
| Q4 2019 Otahuhu |
140.50 |
141.95 |
113.00 |
113.00 |
465 |
2411 |
| Q4 2019 Benmore |
129.00 |
133.50 |
101.00 |
101.00 |
370 |
1295 |