It’s been a bullish Friday morning in the Nordic market, mainly due to colder weather forecasts. The bellwether Q2-06 contract has passed the EUR 48/MWh mark for the first time.
The Q2-06 opened at 47.40 in the OTC market this morning, but soon started climbing to reach a life-of-contract high of 48.10 during the morning.”I think the main reason for today’s lift was the EC 00 forecast that prolonged the cold spell until Thursday next week. Immediately prices were lifted,” a Norwegian analyst says.Yesterday it seemed as if the cold weathe
Freitag, 10.03.2006, 11:21 Uhr
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