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Prices remained stable this month with Average Price at $4.25/GJ compared to $4.27/GJ last month. Volumes traded were slightly down at 217TJ compared to 221TJ last month.
The Offer Summary July has been updated and shows a softening of prices with the minimum priced bid of $4.15/GJ and an Average Price of $4.26/GJ. There has been a small increase in anticpated volumes to 202 TJs.
Volumes came in close to forecast this month with volume at 172TJ compared with forecast of 179TJ. Competitive pressures have seen lower than usual volumes traded compared to the prior month at 280TJ. Prices came in on forecast continuing the convergence of the pricing range to $4.32/GJ average.
Market activity saw volumes come down for the month at 220TJ compared with forecast of 280TJ, with price coming in at forecast.