Nordic front forwards are rising on Monday morning on significantly drier weather forecasts.
The Q3 12 contract last traded at EUR 30.65/MWh, up EUR 0.80, on the Nasdaq OMX exchange. "The weather forecasts are a lot drier than before the weekend, so today's price rise is fair. If the dry weather persists there is more potential for the upside, if not the prices have risen enough so far,” Gaute Myklebust, analyst at Norwegian utility Troms Kraft said.
The
Montag, 21.05.2012, 11:19 Uhr
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