After a slight correction yesterday afternoon, the Nordic power market is heading back south this morning. But the liquidity is low.
The benchmark Q4-07 contract has been traded down at EUR 35.10/MWh this morning, but later adjusted north to a last trade of 35.30, down 20 cents from yesterday's close. Year 08, in contrast, is up 10 cents at 44.70. "The forecasts have not changed much from yesterday, and the market remains very sensitive to more precipitation," said a Norwegian analyst.He said the reservoir figures in
Mittwoch, 25.07.2007, 10:43 Uhr
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