Nordic power prices are dropping further Monday morning. All signals are bearish, players say.
Q2-07 is down EUR 1.70 to last being traded at EUR 26.25/MWh. This is the lowest level since March 2005.“The weather forecasts are still wet and mild, and prices for carbon allowances and German power are considerably down from Friday. Gas prices are also still soft. Everything is very bearish,” one Norwegian trader says.He sees a further downside potential for the for
Montag, 8.01.2007, 11:04 Uhr
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