The Nordic Q3 11 contract has fallen through its EUR 49/MWh support level on Friday morning amid thin liquidity and limited price-driving input.
The front quarter was last seen at EUR 48.95/MWh, down EUR 0.35 day on day and up from an intraday low of EUR 48.85/MWh. The contract had attracted a tiny trading volume, 85 MW at the time of writing. This signals a break from the early-February support level of EUR 49.00/MWh. A Finnish trader saw precipitation in Norway as the dominating price driver, with a further price drop, albeit a
Freitag, 17.06.2011, 11:01 Uhr
Redaktion
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