Nordic power forwards are experiencing a downturn on Friday morning, with players taking profit after a "slightly overdone” rise in previous sessions, this in spite of a drier weather outlook.
The Q4 11 contract had shed EUR 0.60 at EUR 50.20/MWh, down from an early morning high of EUR 50.60/MWh, while the September contract had lost EUR 0.60 at EUR 46.60/MWh. Meanwhile, the Year 12 contract had lost EUR 0.45 at EUR 46.50/MWh. The price movement is a "fair and natural downward correction”, with the curve having risen to a "slightly overdone” extent throughout the w
Freitag, 26.08.2011, 11:09 Uhr
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