The front end of the Nordic forward curve is moving sideways on Friday morning, while traders disagree on the potential upside for prices.
The front quarter was last seen at EUR 34.20/MWh, up EUR 0.10 on the last settlement. Earlier in the session, the contract touched EUR 34.55/MWh on colder and drier forecasts, traders said. "I think people are starting to realise there is an upside of EUR 2-3 for Q4, given the spread towards German prices and the weather situation. Meanwhile, the structure of the forward curve and Q1 10 price
Freitag, 4.09.2009, 12:07 Uhr
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