Nordic forwards are rising on Monday morning on the back of "premature winter weather”, traders said.
The Q1 10 contract was up EUR 0.90 at EUR 35.70/MWh, while the front year had gained EUR 0.65 on Friday's settlement, and was last seen at EUR 34.70/MWh. "Cold and dry weather supports the curve, combined with firmer CO2 and oil prices,” a Finnish trader said.
Storm Weather Centre forecast 2.15 TWh precipitation for the next 10 days, which is only 30% of the seas
Montag, 12.10.2009, 10:47 Uhr
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