Nordic forwards are falling on Monday morning on the back of wetter and milder forecasts, traders said.
The front quarter was last seen at EUR 35.25/MWh, down EUR 0.50 on Friday's settlement, while the front year had lost EUR 0.35 at EUR 34.40/MWh. Earlier in the session, the contracts peaked at EUR 36.15/MWh and EUR 35.00/MWh respectively. "Initially, weather forecasts looked drier than last week, giving a bullish feeling on the market, but now forward prices have dropped back again on a
Montag, 30.11.2009, 11:13 Uhr
Redaktion
© 2024 Energie & Management GmbH