Nordic forwards are falling further on Friday morning due to extremely wet weather forecasts, with the June contract reaching a new all time low.
The June contract last traded at EUR 25.85 EUR/MWh on Nasaq OMX, down EUR 0.60, while the Q3 12 contract last changed hands at EUR 29.40/MWh, down EUR 0.50, and only 15 cents above the record low from Thursday. "The EC 00 operational weather forecast was extremely wet. And besides the spot price, every signal is very weak,” a Norwegian trader said. Both coal and German power prices
Freitag, 4.05.2012, 11:35 Uhr
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