Nordic power forwards are rising on Tuesday morning, triggered by a switch to a colder weather outlook, but the increase looks "overdone”, traders said.
The front week contract was last traded EUR 6.00 higher day on day at EUR 52.00/MWh, while the March contract had gained EUR 2.30 at EUR 43.25/MWh.
The front quarter had meanwhile risen by EUR 1.40 to EUR 37.90/MWh, while the 2013 contract had increased by EUR 0.40 at EUR 42.00/MWh.
"Weather forecasts have been mixed, but now it looks like a much colder weather tre
Dienstag, 7.02.2012, 10:54 Uhr
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