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Energie & Management > Commentary - Nordic Market - Calm before the spot
Commentary

Nordic Market - Calm before the spot

The forward market is described as very thin Wednesday morning, with low activity both at Nord Pool and in the OTC market. The contracts are being traded around yesterday’s close.
The Q2-07 contract was last traded at EUR 26.15/MWh, down 15 cents from yesterday. However, not all players have a bearish view on the forward market.“The weather forecasts are quite dry, and the hydrological balance is being drained gradually. The surplus has decreased by 5-6 TWh in the past few weeks, but the price level is still the same,” comments Per Arne Austli at Trønd

Mittwoch, 21.02.2007, 12:02 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Calm before the spot
Commentary
Nordic Market - Calm before the spot
The forward market is described as very thin Wednesday morning, with low activity both at Nord Pool and in the OTC market. The contracts are being traded around yesterday’s close.
The Q2-07 contract was last traded at EUR 26.15/MWh, down 15 cents from yesterday. However, not all players have a bearish view on the forward market.“The weather forecasts are quite dry, and the hydrological balance is being drained gradually. The surplus has decreased by 5-6 TWh in the past few weeks, but the price level is still the same,” comments Per Arne Austli at Trønd

Mittwoch, 21.02.2007, 12:02 Uhr
Redaktion

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