Nordic forward prices are strengthening on Monday morning on the back of firming oil and German power prices, traders said.
The Q3 10-contract was last traded at EUR 48.85/MWh at Nord Pool, up EUR 0.10 from Friday, while the 2011 contract last traded at EUR 46.95/MWh, up 45 cents. "The main reason for the price rise is strengthening oil, gas and German [power] prices,” said trader Stein Erik Iversen at Norwegian utility BKK. "Stronger CO2 prices and a more positive macroeconomic situation are lifting the curve
Montag, 14.06.2010, 10:47 Uhr
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