The front end of the Nordic power curve is trading down on Wednesday morning, inspired by a wet end to the weather forecasts and a general bearish sentiment, players said.
The Q4 09 contract was last seen at EUR 32.20/MWh, down 40 cents day on day. "The market sentiment remains bearish from a technical perspective. I also believe that today's movements have been affected by a wet end to the 10-day weather forecasts,” said a Norwegian trader.
According to Storm Weather Centre, 83% of normal precipitation levels are expected in the n
Mittwoch, 16.09.2009, 11:35 Uhr
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