Nordic forward contracts are falling on Tuesday morning due to wet and mild weather forecasts.
The March contract last traded at EUR 35.25/MWh at Nasdaq OMX, down EUR 0.60, while the Q2 12 contract last changed hands at EUR 32.15/MWh, down EUR 0.75.
"The market is trading down on wet and mild weather forecasts. But the trade is thin due to holidays in parts of the Nordic region,” Per Arne Austli, trader at Norwegian utility Trønderenergi, said.
"The forecast
Dienstag, 21.02.2012, 10:20 Uhr
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