Nordic power prices are heading up again on Wednesday after a downward correction yesterday. “As long as the weather stays cold and the spot price continues to increase, no one dares going short,” says a Swedish trader.
After tumbling more than a euro yesterday afternoon, the Q2-06 contract is heading back north this morning, trading last at EUR 54.80/MWh, up 50 cents from yesterday.“The market opened a little weak after the strong sale pressure yesterday afternoon. But then prices started climbing. I think yesterday’s losses were mostly caused by profit-taking. There is nothing today indica
Mittwoch, 22.03.2006, 11:01 Uhr
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