Allocations
On Friday, Lachlan General Security recieved a 2 percent (pc) allocation increase. Click here to read the full announcement.
As such, allocations are as follows:
Zone | Allocation | 1 year ago | +/- per cent |
Murrumbidgee | |||
High Security | 100 pc | 100 pc | Same |
General Security | 100 pc | 100 pc | Same |
NSW Murray (Zones 10 & 11) | |||
High Security | 100 pc | 100 pc | Same |
General Security | 110 pc | 110 pc | Same |
Lachlan | |||
High Security | 100 pc | 100 pc | Same |
General Security | 2 pc | 115 pc | - 113 pc |
Vic Murray (Zones 6 & 7) | |||
High Reliability | 100 pc | 100 pc | Same |
Low Reliability | 85 pc | 100 pc | - 15 pc |
SA Murray | 100 pc | 100 pc | Same |
Murrumbidgee Deep Groundwater | 100 pc | 100 pc | Same |
Lower Murray Deep Groundwater | 100 pc | 100 pc | Same |
Lower Lachlan Groundwater | 100 pc | 100 pc | Same |
Trade Restrictions
MURRUMBIDGEE/MURRAY IVT
Is CLOSED for Murrumbidgee to Murray trade, but OPEN for Murray to Murrumbidgee trade with a balance of 99.6 gigalitres (GL).
BARMAH CHOKE
Is CLOSED.
Storages
According to the Bureau of Meterorology (BOM), storage levels are currently as follows:
Current | 1 Day | 7 Days | 30 Days | 1 Year | |
Murrumbidgee | 72.8 pc | NIL | - 1.7 pc | - 5.6% | - 6.2 pc |
Blowering | 65.9 pc | - 0.1 pc | - 1.0 pc | - 5.9 pc | - 13.5 pc |
Burrinjuck | 83.8 pc | - 0.4 pc | - 3.6 pc | - 6.9 pc | + 4.4 pc |
Murray | 84.8 pc | NIL | - 1.6 pc | - 5.5 pc | - 7.0 pc |
Hume | 72.9 pc | - 0.4 pc | - 2.9 pc | - 7.8 pc | - 19.7 pc |
Dartmouth | 95.8 pc | NIL | - 0.4 pc | - 1.4 pc | - 1.0 pc |
Lachlan | 95.8 pc | NIL | - 0.6 pc | - 2.3 pc | - 1.0 pc |
Wyangala | 95.7 pc | - 0.1 pc | - 1.0 pc | - 2.5 pc | - 1.1 pc |
Current Temporary Market
Zone | Buyers | Sellers | Last Trade |
Murrumbidgee | $25 | $25 | $25 |
NSW Murray 10 (Above Choke) | $20 | $25 | $20 |
NSW Murray 11 (Below Choke) | $25 | $25 | $25 |
Vic Murray 6 (Above Choke) | $20 | $20 | $20 |
Vic Murray 7 (Above Choke) | $25 | $30 | $26 |
SA Murray | $25 | $30 | $26 |
Lachaln | $80 | $90 | $80 |
Murrumbidgee Deep Aquifer Zone 1 | - | - | - |
Murrumbidgee Deep Aquifer Zone 2 | - | - | - |
Murrumbidgee Deep Aquifer Zone 3 | - | - | - |
Lower Murray Groundwater | - | - | - |
Lower Lachlan Groundwater | - | - | - |
Current Permanent Market
Indicative pricing is as follows:
Zone | Price per mL |
Murrumbidgee | |
High Security | $8,500 to $8,600 |
General Security | $2,400 to $2,500 |
Supplementary | $800 to $850 |
NSW Murray Above Choke (Zone 10) | |
High Security | $7,100 to $7,200 |
General Security | $2,000 to $2,100 |
NSW Murray Below Choke (Zone 11) | |
High Security | $9,100 to $9,200 |
General Security | $2,600 to $2,700 |
VIC Murray Above Choke (Zone 6) | |
High Security | $4,600 to $4,700 |
General Security | $700 to $800 |
VIC Murray Below Choke (Zone 7) | |
High Security | $7,300 to $7,500 |
General Security | $1,750 to $1,850 |
SA Murray Class 3 | $7,000 to $7,500 |
Murrumbidgee Deep Aquifer (zone dependent) | $3,800 to $4,500 |
Lachlan (Upper & Lower) | |
High Security | $1,500 to $1,600 |
General Security | $4,500 to $4,550 |
Lower Murray Deep Groundwater | $2,700 to $2,800 |
Lower Lachlan Groundwater | $3,500 to $4,000 |
Current Forward Market
Indicative pricing is as follows, assuming a 1 November 2024 delivery date:
Zone | Price |
Murrumbidgee | $140 |
Murray Above Choke (NSW Zone 10 and Vic Zone 6) | $130 |
Murray Below Choke (NSW Zone 11, Vic Zone 7 and SA) | $150 |
Current Carryover Market
Indicative pricing is as follows, assuming risk of spill falling to the licence holder:
Zone | Price |
Murrumbidgee | $120 |
Murray Above Choke (NSW Zone 10 and Vic Zone 6) | $100 |
Murray Below Choke (NSW Zone 11, Vic Zone 7 and SA) | $120 |
The information contained in this article is given for the purpose of providing general information only, and while Elders has exercised reasonable care, skill and diligence in its preparation, many factors (including environmental and seasonal) can impact its accuracy and currency. Accordingly, the information should not be relied upon under any circumstances and Elders assumes no liability for any loss consequently suffered. If you would like to speak to someone for tailored advice relating to any of the matters referred to in this article, please contact Elders.