The front quarter Nordic power contract has come down from a firm start on Friday, affected by a weaker German market and cheaper coal, players said.
Q2 11 was down 10 cents at EUR 53.00/MWh, having fallen from an intraday high of EUR 54.25/MWh, while February was down EUR 1.25 at EUR 62.75/MWh at the time of writing. "The market is following the weather. The Q2 opened up on a drier EC 12 forecast, but then it came down again on milder EC 00 forecasts,” said a Norwegian trader.
The impact from the German market was
Freitag, 14.01.2011, 11:03 Uhr
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