The Nordic forward market is continuing down this morning, on the back of a weak spot and still wet and mild weather forecasts. Q1-06 is last traded at EUR 37.35/MWh, down 55 cents from Friday, and the lowest trade since 6 June.
All contracts at Nord Pool are traded down from before the weekend, with the largest losses in the front products. Week 49 and 50 are both down 9.25 NOK, last changing hands at 273 and 277 respectively. Per Arne Austli at BKK attributes the weak market to the high temperatures and the soft spot price.“The spot is very weak. The weather has to change in order to see higher prices, b
Montag, 7.11.2005, 11:48 Uhr
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