After opening down, Nordic forwards have moved up on cold forecasts and a strong coal market, players said. But a Norwegian trader does not believe the probability of nuclear problems this winter is reflected in the curve.
The Q1-08 contract opened down at EUR 55.60/Mwh this morning, but soon changed direction and peaked at 56.55. It was last seen at 56.40, up 65 cents from yesterday."The first forecasts this morning were slightly wetter than yesterday's, but later updates were drier again. The strong coal market is also having a significant impact on the prices," a Norwegian trader said .A Swe
Freitag, 23.11.2007, 11:28 Uhr
Redaktion
© 2024 Energie & Management GmbH