Nordic forward prices are falling on Tuesday morning due to wetter weather forecasts, a weaker fuel complex and lower German power prices.
The Q3 11 contract last traded at EUR 56.63/MWh at Nasdaq OMX, down EUR 0.17 from Tuesday, while the 2012 contract last changed hands at EUR 52.45/MWh, down 3 cents. "The market is highly influenced by the weather. It seems that there will be some wet days, even though it is uncertain. This is the main reason for the fall at the front end of the curve,” Pål Johannesen, trader at Norwegi
Mittwoch, 4.05.2011, 10:42 Uhr
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