Nordic front forward prices are trading sideways on Tuesday morning, with drier weather forecasts limiting falls on the front, and the long end being lifted by stronger German power prices, players said.
The Q3 11 contract last traded at EUR 52.44/MWh at Nasdaq OMX, down EUR 0.16 from Monday and falling from a morning high of EUR 52.75/MWh. "The updated weather forecasts are drier at the end, and this lifted the contract this morning. The contract has also fallen to a level where there is some buying interest, especially with Tuesday's strong spot,” said Pål Johannesen, trader at N
Dienstag, 7.06.2011, 11:12 Uhr
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