Global economic worries are weighing on Nordic power forwards on Wednesday morning, yet traders do not expect further price falls.
The Q4 11 contract was last seen down EUR 0.55 day on day at EUR 49.20/MWh, following an intra-day low of EUR 49.10/MWh. The Year 2012 contract last traded down EUR 0.60 at EUR 46.70/MWh, while contracts on the curve slipped across the board.
A Norwegian trader pointed to bearish equities markets, and softer oil, carbon and coal prices. Falling clean dark spreads are h
Mittwoch, 3.08.2011, 11:09 Uhr
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