Nordic forward prices are falling on Thursday morning due to uncertain economic outlooks and wetter weather forecasts, traders said.
The Q4 contract last traded at EUR 49.30/MWh at Nord Pool, down EUR 0.40 from Wednesday. "The global economic uncertainty and weakening oil price combined with wetter weather forecasts is pulling the market down,” said Stefan Berglind, trader at Swedish supplier Dala Kraft.
"There are also some players who have gone long, betting on drier weather. They want to sell so
Donnerstag, 1.07.2010, 11:06 Uhr
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