Dry weather forecasts are pushing the front end of the Nordic power curve up Friday morning.
The weather forecasts show only 36 per cent of normal amounts in the coming 10-day period. The Q4-07 contract was lifted by the dry forecasts to an opening pice of EUR 37.20/MWh, but has later been traded down to EUR 36.90/MWh, which is still five cents above yesterday's close."It seems like someone is using the dry forecasts to sell some power, it has been like this for the past few day
Donnerstag, 27.09.2007, 11:04 Uhr
Redaktion
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