The front end of the curve in the Nordic market is rising on Monday morning on the back of drier forecasts and a technical upward correction, traders said.
The Q4 contract was last seen at EUR 34.35/MWh, up EUR 0.60 on Friday's settlement. "The weather is in focus, with drier forecasts towards the end of this week and the start of next week,” Erik Helseth from Norwegian utility Tafjord Kraft said.
Despite the current dry forecasts, this was clear departure from the overall wet trend, according to a Finnish trader, w
Montag, 31.08.2009, 10:55 Uhr
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