The Nordic forward market is strengthening after a softer start, with players pointing to among other things weather forecasts and coal prices as driving elements.
A Swedish trader commented that strong coal prices are affecting the market this morning, with year 2009 coal priced at an all time high level. Moreover, weather forecasts are a touch drier than yesterday, he said."However, I am starting to doubt the upside a little. Prices in the long end have firmed quite a lot, and the upside from here seems limited, as we are around or above the marg
Donnerstag, 10.01.2008, 11:04 Uhr
Redaktion
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