Nordic forwards are trading sideways on Wednesday morning, with the YR 10 contract continuing to test the strong technical support level around EUR 36.00/MWh, traders said.
The front quarter last fetched EUR 35.90/MWh, up EUR 0.20 on Tuesday's settlement, while the front year last changed hands at EUR 35.85/MWh, up EUR 0.10 on the previous close.
”The weather forecasts have dried up compared to yesterday and fuel prices are also higher,” said a Norwegian analyst. But the price levels were fair on both the Q4 and YR 10 contract
Mittwoch, 19.08.2009, 11:05 Uhr
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