Nordic forwards are trading slightly higher on Monday on the back of a firm spot and strong oil prices, but market players said they expected spot prices to soften on Tuesday.
The Monday system price was fixed at EUR 36.90/MWh, but it would probably drop by more than a euro for Tuesday, said trader Ole Markus Berggraf at Norsk Hydro.
The day-ahead contract at Nord Pool was last seen in a spread of EUR 34.50-36.00/MWh.
"There is a lot of precipitation expected over the next few days, temperatures will be higher than normal and wind p
Montag, 25.05.2009, 10:47 Uhr
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