Nordic power prices are continuing down this morning on the back of bearish fundamentals. The Q2-07 contract is approaching the EUR 25/MWh level.
“Prices are coming down because of milder weather forecasts at the end of the 10-day period. We also see bearish signals from the German market, and the CO2, gas and coal markets. Only oil is moving in the opposite direction at the moment,” says a Swedish trader.After reaching a high of 28.60 on Wednesday, the benchmark Q2-07 contract has come down rather strongly and has rea
Freitag, 2.02.2007, 10:48 Uhr
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