Headlines

In the week ending 14^th April 2019, ESC creation was as follows:

• Weekly creation was 106,033 ESCs down to a third of the previous week’s creation of 309,737 ESCs
• This represents a return to normality while noting that HEER creation was still very strong at 27k.
• The average for the last 3 weeks is nominally 157,757 ESCs
• Commercial Lighting contributed 38,291 ESCs (36%) compared to 206,985 ESCs (69%) the previous week
• HEER contributed 26,667 ESCs (30%) up from 18,336 ESCs (6%) the previous week.
• The ESC spot price was $20.80 COB Friday, up $0.70 from the previous Friday

Analysis

The graph below shows the overall trend of total ESCs registered each week.