Nordic power forwards are edging upwards in thin trade on Monday morning, as the weather forecasts are not as wet as on Friday.
The Q2 12 contract was last seen EUR 0.30 higher at EUR 33.35/MWh, while the March contract had gained EUR 0.10 at EUR 35.90/MWh.
"The weather outlook is still wet, but not as extreme as at the end of last week. Those who were short positioned now seem to be buying back a bit,” a Finnish trader said.
SMHI's weather models incidate 6.3-8.7 TWh of p
Montag, 20.02.2012, 10:51 Uhr
Redaktion
© 2024 Energie & Management GmbH