STC Market Update 8th July 2019
The STC market was again very active last week with a high volume of trades executed. This is probably due to the fact we are only a few weeks out from the end of the next surrender period. Once again the STC price traded in a relatively small trading range around and just below the $37.00 level. Ultimately the spot price ended the week at $37.00 to close 10 cents higher than where it started at $36.90. The last few weeks have seen the spot market remain fairly stable and forward contracts have also been executed at around the same level. Another strong week of STC creations saw around 680,000 new certificates.
Our latest STC pricing can be found via the following link: http://www.habitatenergysystems.com.au/stc-trading/
The link to the STC clearing house can be found here: https://www.rec-registry.gov.au/rec-registry/app/public/stcs-clearing-house-transfer-list