The Nordic power curve is extending losses on Tuesday morning on the back of a wet weather outlook, but traders disagree on further downside potential.
The April contract had shed EUR 1.68 from Monday's close to EUR 64.40/MWh, following an intraday low of EUR 63.76/MWh. Meanwhile, the benchmark Q2 11 contract had lost EUR 1.20 at EUR 57.40/MWh, bouncing back from an early morning low of EUR 56.75/MWh.
Weather forecasts had turned wet over the weekend, and a bearish outlook has been confirmed today, with delivered prec
Dienstag, 22.03.2011, 11:07 Uhr
Redaktion
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