Nordic forwards are displaying a moderate oil-driven rise on Friday morning, although the market could be climbing too much bearing in mind the fundamentals, traders said.
The Q2 09 contract was last seen at EUR 34.25/MWh, up EUR 0.39 on the previous settlement, while the main part of trading activity has shifted to the Q3 contract, which changed hands at EUR 34.45/MWh, up EUR 0.35 from Thursday.
Meanwhile, the contract for 2010 delivery had strengthened EUR 0.30 at EUR 35.90/MWh.
"Morning prices on Nord Pool open according to t
Freitag, 27.03.2009, 11:04 Uhr
Redaktion
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