Front end Nordic power forwards are falling further on Tuesday morning on the back of milder weather, traders said.
The Q2 11 contract had shed EUR 0.70 at EUR 56.60/MWh, having bounced back from an intraday low of EUR 54.50/MWh earlier in the session. The February contract had fallen EUR 3.50 from the previous close to EUR 73.50/MWh, and the front week had lost EUR 3.80 at EUR 76.95/MWh.
The price drop was due to milder and wetter weather forecasts, which meant an end to an exceptionally lon
Dienstag, 4.01.2011, 10:48 Uhr
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