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New Zealand Electricity Market Wrap
February 2019
- Over the month of February, ASX Otahuhu calendar year 2020 swap price moved up $8.93 to finish the month at $100.51. This is a price separation of -$8.85 from the next calendar year 2021.
- Over the month of February, ASX Benmore calendar year 2020 swap price moved up $4.97 to finish the month at $87.47. This is a price separation of -$5.30 from the next calendar year 2021.
- Total traded volume equaled 18,691 lots which is equivalent to 4.5776 million MWh.
- The daily average traded volume was 983.74 lots and total trade volume is down 18.88% from 2018.
- Total Open interest is 51,488 lots, up 31.96% from 2018
- Futures OI = 32,398 (up 0.75%)
- Options OI = 19,090 (up 178.28%)
Contract | Month Open | High | Low | Month Close | Volume | Open Interest |
February Otahuhu | 154.05 | 226.65 | 133.10 | 171.00 | 495 | 998 |
February Benmore | 136.15 | 173.25 | 120.65 | 151.00 | 572 | 750 |
March Otahuhu | 149.90 | 230.00 | 133.10 | 171.85 | 348 | 880 |
March Benmore | 137.10 | 176.50 | 122.10 | 154.65 | 450 | 740 |
Q1 2019 Otahuhu | 146.00 | 195.00 | 133.00 | 158.80 | 250 | 2506 |
Q1 2019 Benmore | 130.00 | 155.00 | 120.00 | 142.10 | 170 | 2057 |