A global sell-off in commodities, especially crude oil, is prompting a fall in Nordic power derivatives on Friday morning.
The June contract was last seen at EUR 54.35/MWh, down by EUR 1.25 from the last settlement, while Q3 11 was down 80 cents at EUR 55.00/MWh and YR 12 had shed EUR 1.18 to EUR 50.60/MWh. "It's all about oil, oil and oil, combined with a global sell-off in commodities, which has a knock-on effect on all assets, including Nordic power,” a Finnish trader said.
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Freitag, 6.05.2011, 10:45 Uhr
Redaktion
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