16. May, 2024

Polish GOs Trend Lower Amid Downward Pressure from Declining AIB GO Prices

Polish 2024 vintage GOs lost 44 % in value over the past four weeks posting the biggest loss across all vintages, as evident from indicative prices recorded on 15 May 2024.

Polish prices plummeted across the board, mirroring the bearish trend in the AIB hub. Despite these declines, Polish GOs still maintain a slight price advantage over the AIB equivalents with premiums ranging from 20 % to 33 %, mainly due to a slight lag in price transmission between AIB GOs and Polish GOs. As a result, Polish prices are expected to remain under downward pressure in the coming weeks.

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