Nordic forward prices are falling on Friday morning on thin volumes and weaker German forwards, traders said.
The Q3 contract last traded at EUR 45.60/MWh at Nord Pool, down EUR 0.75 from Wednesday, while the June 2010 contract last traded at EUR 43.30/MWh, down EUR 1.20. "We are moving down in line with Germany. It is also clear that the macroeconomic situation is a bit worrying,” said Preben Olsen, trader at Norwegian utility BKK.
The gas price had been an important driver
Freitag, 14.05.2010, 10:46 Uhr
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