Nordic forwards are strengthening on Tuesday morning on the back of a rising fuel complex and German power, a trader said.
The Q3 10 contract was last seen up by EUR 0.32 day on day at EUR 47.20/MWh at the time of writing, while the Q4 10 contract had gained EUR 0.22 at EUR 51.30/MWh. Meanwhile, the contract for 2011 delivery had risen by EUR 0.30 to EUR 45.85/MWh. "The market is 85-90% driven by firmer fuels, and the German forward curve is pulling along Nord Pool, underpinned by a stronger dollar against t
Dienstag, 29.06.2010, 10:49 Uhr
Redaktion
© 2024 Energie & Management GmbH