The front end of Nordic forwards is falling on Monday morning on the back of a soft spot price and the return to production of a Swedish nuclear reactor, traders said.
The week 10 contract was last seen at EUR 73.00/MWh, down EUR 10.80 on the last settlement, while the April contract had shed EUR 4.45 at EUR 65.50/MWh. Meanwhile, the Q2 contract traded at EUR 53.35/MWh, down EUR 2.25 and the year ahead had lost EUR 0.20 at EUR 41.90/MWh. "The front is sinking like a stone, with risk premiums largely removed due to a lower-than-expected spot price. Weather foreca
Montag, 1.03.2010, 12:21 Uhr
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