Nordic forwards are falling on Friday morning on the back of wet weather forecasts and weaker coal, German power and emission prices, traders said.
The Q3 10 contract was last seen at EUR 42.75/MWh, down EUR 0.80 day on day, while the front year had shed EUR 0.60 at EUR 42.20/MWh. "Coal, German power and emissions are down. The question is: is this a mere correction?” a UK trader said.
Improving hydrology was a bearish factor for the front curve, a Finnish trader said, adding that prices were "close to support le
Freitag, 16.04.2010, 11:04 Uhr
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