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New Zealand Electricity Market Wrap
January 2019
- Over the month of January, ASX Otahuhu calendar year 2020 swap price moved up $1.60 to finish the month at $91.58. This is a price separation of -$4.82 from the next calendar year 2021.
- Over the month of January, ASX Benmore calendar year 2020 swap price moved down $0.31 to finish the month at $82.50. This is a price separation of -$1.42 from the next calendar year 2021.
- Total traded volume equaled 17,224 lots which is equivalent to 5.2167 million MWh.
- The daily average traded volume was 820.19 lots and total trade volume is down 9.38% from 2018.
- Total Open interest is 45,851 lots, up 30.83% from 2018
- Futures OI = 29,861 (up 2.66%)
- Options OI = 15,990 (up 168.29%)
Contract | Month Open | High | Low | Month Close | Volume | Open Interest |
January Otahuhu | 128.40 | 154.00 | 127.00 | 135.00 | 190 | 1302 |
January Benmore | 115.05 | 144.00 | 109.20 | 121.00 | 150 | 735 |
February Otahuhu | 111.60 | 154.95 | 111.60 | 153.95 | 400 | 750 |
February Benmore | 112.70 | 142.80 | 112.70 | 133.70 | 250 | 440 |
Q1 2019 Otahuhu | 125.00 | 151.00 | 125.00 | 146.00 | 678 | 2324 |
Q1 2019 Benmore | 120.00 | 142.50 | 115.00 | 130.00 | 938 | 1652 |