Nordic forward prices are falling on Wednesday morning on the back of lower CO2 prices and a weaker German power market, players said.
The Q3 11 contract last traded at EUR 50.40/MWh at Nasdaq OMX, down EUR 0.60 from Tuesday, while the 2012 contract last changed hands at EUR 49.65/MWh, down EUR 0.35. "There are no major changes today, except for a small price fall in the German power market and a weakening CO2 price. The Nordic market is following them down,” a Swedish trader said. In addition the wet weather patt
Mittwoch, 15.06.2011, 11:18 Uhr
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