Nordic forwards are moving sideways on Thursday morning on an absence of significant price drivers, traders said.
The Q4 10 contract had lost EUR 0.35 at EUR 50.75/MWh, up from an early-morning low of EUR 50.60/MWh. Meanwhile, the contract for 2011 delivery fetched EUR 45.25/MWh, down by EUR 0.23 on the previous settlement. "Wetter forecasts depressed the curve somewhat in early trading, but forwards later gained some support from slightly firmer oil, CO2 and German power,” a Finnish trader said.
Donnerstag, 9.09.2010, 11:11 Uhr
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