Financial turmoil in the eurozone is putting downward pressure on the front year, with the contract nearing a record low, while the front end of the Nordic curve is rising on drier weather forecasts, said one analyst.
Year 2013 was last seen traded EUR 0.15 softer at EUR 37.05/MWh on the Nasdaq OMX exchange, nearing its record low of EUR 36.90/MWh from 2 March 2009. Growing macroeconomic concerns in Europe - amid fears that Greece may have to exit the currency union - is triggering downward pressure on the longer-dated contracts as fuel prices are falling, said analyst John Brottemsmo of Bergen Energi.&nbs
Freitag, 18.05.2012, 11:00 Uhr
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