The main index has fallen this month to 14.8 c/kWh which was expected after several months of little change in the overall index. The CFD index has continued down over this time and still continues to fall, and the FPVV index; after soft increases has seen a fall as well.

As mentioned in the last few reports, prices for 36-month ASX strips continued to track down, mostly driven at the this point by the falling prices in the front year, years two and three are flatter this month. this fall in the front year is mostly due to strong inflows and lake levels remaining high.