Nordic forward prices are rising on Tuesday morning due to dry weather forecasts, stronger German power prices and high oil price, players said.
The Q3 contract last traded at EUR 44.45/MWh at Nord Pool, up EUR 3.25 from Wednesday last week, while the May contract last traded at EUR 44.70/MWh, up EUR 3.80. "This is no surprise. The prices in Germany are up, oil is being traded four dollars a barrel higher than before Easter and the coal price has also strengthened a bit. In addition the weather forecasts have changed from relatively w
Dienstag, 6.04.2010, 10:40 Uhr
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