The front of the Nordic power curve is falling on Monday morning in line with wetter weather forecasts, but turnover remains low, players said.
The August contract was last seen at EUR 45.50/MWh, 63 cents below Friday's close, while Q4 10 was last traded at EUR 48.40/MWh, down 85 cents. "The weather forecasts are wetter and this is bringing down the front,” said a Finnish trader.
The latest EC00 weather forecast shows 15.2 TWh of rain in the next 10 days in the Nordic region, compared with a seasonal norm of 6.3
Montag, 12.07.2010, 11:13 Uhr
Redaktion
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