Nordic forwards are falling on Tuesday morning due to overall softness in surrounding markets, traders said.
The benchmark Q1 10 contract was last seen at EUR 38.45/MWh, down EUR 0.89 on Monday's settlement, while the YR 10 contract had lost EUR 0.65 at EUR 37.10/MWh. "I'm a bit surprised by this morning's fall in prices. However, surrounding markets, including equities, coal, gas and CO2 are a bit down overall,” a continental trader said.
Weather forecasts remaine
Dienstag, 3.11.2009, 10:50 Uhr
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