Nordic power prices continue down on the back of wet forecasts and softer commodity prices.
The Q4-07 contract was last seen at EUR 36.70/MWh this morning, down 75 cents from yesterday and 1.85 lower than the closing price on Friday."After prices rose strongly on expectations of a high pressure last week, prices are now down again because the weather forecasts are not that dry. Normal weather forecasts is a bear signal given the good hydrology," said Sigvald Maldal at Lyse.
Dienstag, 7.08.2007, 10:57 Uhr
Redaktion
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