Front-curve Nordic power forwards are rising on Friday morning on the back of a normalising winter weather outlook, but players expect gains to be short-lived.
The Q2 12 contract was last traded EUR 0.90 higher day on day at EUR 34.40/MWh, while the February contract had gained EUR 1.85 to EUR 41.70/MWh. "The weather outlook is a bit drier and colder towards the end of the forecast period, and the power curve keeps on swinging up and down, day on day, tracking variations in weather forecasts,” a Swedish trader said.
The late
Freitag, 13.01.2012, 11:36 Uhr
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