Nordic forwards are firming a touch on Friday morning on the back of German power and weather input, but the market remains exceptionally thin and quiet as an Easter mood sets in.
The Q3 11 contract had gained EUR 0.30 at EUR 54.65/MWh, on a turnover of merely 68 MW, while the YR 12 contract had risen by EUR 0.25 to 50.40/MWh, fetching total trades of 13 MW. "The market is extremely quiet, and has already calmed down in anticipation of Easter. Following a typical five-day break, prices could establish a new direction after the holiday,” a Finnish trader said.
Freitag, 15.04.2011, 11:13 Uhr
Redaktion
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