The front year contract in the Nordic market has not risen as much as in Germany this morning, and one player argued that players seem cautious to go long due to the soft sentiment on fuels.
While the front year German base contract is up 1.35 day on day at EUR 78.00/MWh on the EEX, the corresponding Nordic contract is up only 5 cents at EUR 59.60/MWh at Nord Pool."It seems like we are in a bear market right now, and players are hesitant to buy," an Oslo based trader said. Most price signals are however pointing up this morning, with stable dry weather forecasts, Bren
Donnerstag, 24.07.2008, 10:37 Uhr
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