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Energie & Management > Commentary - Nordic Market - Cold weather needed to end depression
Commentary

Nordic Market - Cold weather needed to end depression

Prices at Nord Pool are dropping, mainly driven by falling oil, gas and coal prices. But several other elements are also contributing to the bearish sentiment this morning.
Q1-06 opened at EUR 39.50/MWh, but has moved downwards since. The contract was last traded at 38.85, down 80 cents from Thursday.“One of the reasons prices are down today, is falling commodity prices, as prices on gas, oil and coal all softened yesterday. In addition, the forecasts are marginally milder and wetter in the middle of the period, which reduces the fear of very high spo

Freitag, 18.11.2005, 11:55 Uhr
Redaktion
Energie & Management > Commentary - Nordic Market - Cold weather needed to end depression
Commentary
Nordic Market - Cold weather needed to end depression
Prices at Nord Pool are dropping, mainly driven by falling oil, gas and coal prices. But several other elements are also contributing to the bearish sentiment this morning.
Q1-06 opened at EUR 39.50/MWh, but has moved downwards since. The contract was last traded at 38.85, down 80 cents from Thursday.“One of the reasons prices are down today, is falling commodity prices, as prices on gas, oil and coal all softened yesterday. In addition, the forecasts are marginally milder and wetter in the middle of the period, which reduces the fear of very high spo

Freitag, 18.11.2005, 11:55 Uhr
Redaktion

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