Nordic forward prices are weakening on Friday morning due to confirmed wet and mild weather forecasts.
The Week 13 contract last traded at EUR 62.50/MWh at Nasdaq OMX, down EUR 0.50 from Thursday, while week 14 was down EUR 0.70 at EUR 62/MWh. The April contract last changed hands at EUR 61.25/MWh, down EUR 0.5. "It is first and foremost the weather forecasts that push the market down. The forecasts seem quite wet and mild and indicate that the snow will begin to melt,” said a Norwegian
Freitag, 25.03.2011, 10:52 Uhr
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