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Cold weather and several maintenance issues impacted the market, only 174 TJs on Market and a further 419 TJ off market, for June at an Average Price of $4.05/GJ. This has flowed into strong bidding for the first half of July, with 348 TJs scheduled at an Average Price of $4.27/GJ and a high Price of $4.53/GJ.
There was a considerable increase in volume for May, as forecast, to 314 TJs with a moderate increase in average price to $3,93/GJ. 345 TJs at an average price of $3.98/GJ is forecast for June.
The Charts for April actuals have been updated. The results where close to forecast with 232 TJ sold for the month at an forecast average price of $3.86/GJ.
The results for May have now been published. Further increases in quanity as prices have again slide closer to $4/GJ. In May we are forecasting almost 380 TJ to sold at an average price $3.92/GJ.