Nordic forwards are softening on Thursday morning on the back of a milder weather outlook and weaker crude oil, market players said.
The benchmark Q1 10 contract was last seen at EUR 37.45/MWh, down EUR 0.50 day on day, while the YR 10 contract had shed EUR 0.35 at EUR 36.30/MWh. Meanwhile, the week 51 contract had lost EUR 1.20 at EUR 43.00/MWh.
"Weaker crude oil is a major factor behind today's price movement, and the front is also reacting to milder forecasts. A level of nearly EUR 39/MWh for Q1
Donnerstag, 10.12.2009, 11:27 Uhr
Redaktion
© 2024 Energie & Management GmbH