The front end of the Nordic curve is gaining on Tuesday morning driven by a colder and drier weather outlook, with firmer carbon prices supporting the long-end.
The Q2 12 contract last traded at EUR 27.20/MWh at Nasdaq OMX, up EUR 0.55 from Monday. Further in, April was last seen EUR 0.75 stronger at EUR 26.35/MWh. "This morning's gains in the front end of the curve were triggered by the EC 00 showing lower temperatures and slightly drier weather towards the end of the 10-day period,” said a Finnish trader.
Temperatures
Dienstag, 27.03.2012, 10:33 Uhr
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