Nordic forwards are edging sideways on Thursday morning on the back of bearish weather input, which is offset by firm fuel markets.
The March contract last traded on par with the previous close, at EUR 34.60/MWh, while the Q2 12 contract had gained EUR 0.05 day on day to EUR 32.80/MWh, up from an intraday low of EUR 32.30/MWh.
"Prices are flat, which is fair, considering the very bearish weather input on one hand, but slightly bullish German power and fuels on the other,” a Danish trader said.
Donnerstag, 23.02.2012, 10:50 Uhr
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