Nordic forwards are "lacking clear direction” on Tuesday morning, though a continued improvement in the hydrological balance could add pressure on the front end of the curve, a trader said.
The bellwether front quarter last changed hands at EUR 36.55/MWh, down EUR 0.15 on the previous close, while the YR 10 contract traded at EUR 37.25/MWh, on a par with Monday's settlement.
"Volumes are low, price movements are minor, and the market lacks signals that could trigger any direction or movement. Should the sideways mode continue for longer still, prices could sof
Dienstag, 11.08.2009, 11:48 Uhr
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