Nordic power prices are falling sharply on Tuesday as the weather forecasts have turned much wetter over Easter, players said.
The Q3 12 contract was last seen trading at EUR 31.10/MWh, down EUR 1.70 from Wednesday, which was the last trading day before Easter. The May contract is down EUR 1.75 at EUR 27.00/MWh. "Prices rose on dry forecasts ahead of the Easter holiday, but with the forecasts turning much wetter over Easter, it is no surprise that the market is coming down again,” said John Brottemsmo, analyst
Dienstag, 10.04.2012, 10:20 Uhr
Redaktion
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