Nordic power forwards have recovered from a soft start on Thursday, but the outlook remains very bearish, market players said.
The Q1 12 contract was last seen at EUR 43.50/MWh, up 10 cents day on day, having recovered from an intraday low of EUR 43.25/MWh. "It is quite natural that prices are recovering after the strong sell-off we saw across all markets yesterday. But the outlooks remain very bearish with a strong hydrological balance, mild weather and a very weak macroeconomic picture,” said Anton Holton, tr
Donnerstag, 24.11.2011, 10:43 Uhr
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