Nordic forward prices are adjusting slightly up on Friday morning as players eye a further price rise if it remains cold and dry, players said.
"The market seems a bit overvalued for the time being, but it is also obvious that the upside potential is strong if it remains cold and dry for a sustained period. The fear of that is probably the reason why prices are coming up again,” said a Danish trader.
The Q1 10 contract opened down at EUR 37.75/MWh but was last seen at EUR 38.35/MWh, up 20 cents day on day. "M
Freitag, 11.12.2009, 11:20 Uhr
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