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Key analytical updates on the Murray Darling Basin Water Market. Analysis of the market for water allocation will be assisted by the Greeneye Visual Trading Platform which charts the Victorian Goulburn Murray water market.

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Friday, September 18, 2009

ALLOCATION NEWS

With a mid month allocation announcement during the week, we should just recap on where we are at this stage:

Murrumbidgee High Security - 60%

NSW Murray High Security - 50%

Vic Murray High Reliability - 13%

Goulburn High Reliability - 7%

We are now at that critical stage of the water year - inflows are building, with the Lower Basin at 26%. Inflows have slowed this week, however good rains yesterday will have a good impact next week. Forecasts are excellent for heavy rains early next week.

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