Nordic power prices are adjusting down on Thursday morning in line with a weaker German market, a necessary correction following the sharp rises earlier in the week, players said.
The Q1 10 contract was last seen at EUR 35.75/MWh, down 84 cents from Wednesday's close, while YR 10 last traded at EUR 34.75/MWh, down 75 cents. ”Prices opened up on the back of yesterday's momentum. But there are no buyers left at these levels and the market is being sold down now,” said one Norwegian trader.
”The fall in German prices is a key
Donnerstag, 15.10.2009, 10:38 Uhr
Redaktion
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