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New Zealand Electricity Market Wrap
June 2024
- Over the month of June, ASX Otahuhu calendar year 2025 swap price moved up $23.35 to finish the month at $199.92. This is a price separation of -$28.77 from the next calendar year 2026.
- Over the month of June, ASX Benmore calendar year 2025 swap price moved up $25.05 to finish the month at $164.95. This is a price separation of -$32.53 from the next calendar year 2026.
- Total traded volume equaled 39,234 lots which is equivalent to 9.0856 million MWh.
- The daily average traded volume was 2,179.67 lots and total trade volume is down 41.51% from 2023.
- Total Open interest is 94,655 lots, down 10.35% from 2023
- Futures OI = 90,505 (up 1.58%)
- Options OI = 4,150 (down 74.83%)
Contract | Month Open | High | Low | Month Close | Volume | Open Interest |
June Otahuhu | 294.10 | 294.10 | 262.75 | 262.75 | 450 | 1958 |
June Benmore | 266.95 | 273.35 | 262.95 | 262.95 | 376 | 1303 |
July Otahuhu | 273.65 | 289.65 | 264.50 | 289.65 | 759 | 1272 |
July Benmore | 250.65 | 275.15 | 243.80 | 275.15 | 1389 | 1574 |
Q2 2024 Otahuhu | 275.60 | 275.60 | 265.50 | 265.50 | 12 | 4756 |
Q2 2024 Benmore | 252.25 | 255.90 | 252.25 | 252.50 | 12 | 3611 |