Nordic forwards are coming up this morning on the back of colder forecasts and a high price level in Germany.
After opening down at EUR 63.00/MWh, the Q1-07 contract has gained substantially and was last seen at 64.80 (+1.50).“I think the main reason is the colder outlook. The forecasts remain wetter than normal, but lower temperatures will give higher demand and put pressure on the spot price, notably next week,” says a Danish trader.Today’s 10-day forecasts are general
Dienstag, 24.10.2006, 11:55 Uhr
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