Nordic forwards attempted a technical recovery on Wednesday morning, but later succumbed to weak fuels combined with wet and mild weather forecasts, traders said.
The front quarter peaked at EUR 29/MWh during early trading, but later slid back into negative territory, last quoted at EUR 28.20/MWh, down 5 cents on the previous settlement.
Fundamental signals were bearish, with an upward movement in carbon prices outweighed by weaker coal and crude oil, while the hydrological balance was set to remain some 12 TWh below normal, a Finnish tra
Mittwoch, 25.02.2009, 10:26 Uhr
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