Nordic forwards are rising on Thursday morning due to a continuation of the cold and dry weather, players said.
The February contract was last seen at EUR 50.05/MWh, up EUR 1.55 from Wednesday's close, while the Q2 10 contract was last traded at EUR 45.35/MWh, up EUR 1.25. "It's quite extreme weather taking the market up. We have not seen such low temperatures over such a long period of time since the power market existed,” said a Norwegian trader.
Many players were n
Donnerstag, 7.01.2010, 11:49 Uhr
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