Nordic power forwards are falling slightly on Wednesday morning as the long-term weather forecasts are more uncertain than on Tuesday, players said.
The Q1 10 contract was last seen at EUR 35.30/MWh, down 25 cents day on day, while YR 10 was down 5 cents at EUR 35.05/MWh. "Yesterday we had some very dry forecasts towards the end of the 10-day period. Today the picture is again more uncertain. That is probably the main reason why prices are coming down,” said a Danish trader. According to the Storm Weather Centre, around 120% of normal
Mittwoch, 18.11.2009, 11:34 Uhr
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