Nordic forwards are rising on Friday morning following a confirmation of cold and dry weather, as well as a strong sentiment on fuel markets, traders said.
The Q1 10 contract was last traded at EUR 36.25/MWh, up EUR 0.50 on Thursday's close, while YR 10 traded at EUR 35.30/MWh, up EUR 0.50.
"A lot of bullish information came in overnight, with a big jump for crude oil and a continued dry spell at the end of the forecast period,” a Norwegian trader said. Elements of profit taking had resulted in a too large a downwar
Freitag, 16.10.2009, 11:02 Uhr
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