Nordic forward prices are weakening on Tuesday morning as the cold weather is coming to an end and fuels stay weak, players said.
The Q2 09 contract last traded at EUR 32.85/MWh at Nord Pool, down EUR 1.20 from Monday.
A Norwegian trader said the market was in the "old low range”, of EUR 32-40/MWh for the front quarter contract. "I wonder if the market will bottom out soon, and if it will turn then. It does seem like it might continue down, should bearish fuel prices and wetter and warmer weathe
Dienstag, 17.02.2009, 11:16 Uhr
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