The Q4 10 contract is firming on Friday morning in a "lazy” market with a lack of signals and thin turnover, a trader said.
The benchmark front quarter contract had gained EUR 0.35 day on day at EUR 48.70/MWh, while the YR11 contract was flat at EUR 44.95/MWh. Nord Pool had an aggregated turnover of 306.79 GWh at the time of writing. "With the hydrological deficit at around 20 TWh, I can't see why the Q 410 contract dropped so low [EUR 47.55] on Thursday, but today it's extending its upward correction from
Freitag, 9.07.2010, 11:29 Uhr
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