Nordic power continues down on Friday, and the Q1-08 contract is approaching the lows from last week. Q1-08 was last seen at EUR 54.95MWh, down 10 cents from yesterday.
The front quarter was traded as high as EUR 56.85/MWh on Monday, but is now approaching last week's low of EUR 53.35/MWh. "I don't think we will go that far, but the 54.50 level will probably be tested today, and I am confident we will not see the 55 level again this week," said Bjarne Walbech at Nordic Power Trading in Denmark.Players found it hard to pinpoint any particular reasons for
Freitag, 16.11.2007, 11:34 Uhr
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