Nordic forwards are softening slightly on Monday morning amid wet forecasts, but macroeconomic insecurity is making players wary of taking positions.
The Q4 11 contract was last seen at EUR 47.70/MWh, down EUR 0.20 from Friday's close after hitting an intraday low of EUR 47.10/MWh earlier, its lowest level since mid-November.
The year-ahead contract had lost EUR 0.35 at EUR 45.40/MWh, trading in a narrow EUR 45.30-45.40/MWh range.
Monday's system price turned out as expected at EUR 38.25/MWh, but a confirmat
Montag, 8.08.2011, 10:55 Uhr
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