Nordic front contracts are falling on Friday morning due to wetter and milder weather forecasts combined with a weaker fuel complex, traders said.
The Week 7 contract was last traded EUR 4.20 lower at EUR 50.00/MWh on Nasdaq OMX, while the Q2 12 contract last traded at EUR 36.25/MWh, down EUR 0.65. The 2013 contract last changed hands at EUR 40.45/MWh, down EUR 0.40.
"The market is continuing down due to very consistent weather forecasts with all models indicating that the high pressure from Russia will disappear, leading to w
Freitag, 10.02.2012, 10:32 Uhr
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