Nordic forwards are firming on Tuesday morning mainly due to drier weather forecasts, traders said.
The Q3 10 contract was last seen at EUR 43.95/MWh, up EUR 0.65 on the previous close, while May was EUR 0.40 higher on EUR 41.40/MWh. "It's mostly the drier weather forecasts that are pushing up the front end of the curve, but stronger fuel prices and the bullish stock market sentiment may also help,” said a Swedish trader.
The 10-day weather forecast from Storm
Dienstag, 20.04.2010, 10:52 Uhr
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