Nordic power forwards are falling on Tuesday morning, mainly due to profit taking triggered by slightly milder weather forecasts.
The Q1 12 contract was last seen at EUR 49.85/MWh, down 80 cents day on day, while the Year 2012 contract was down 40 cents at EUR 46.50/MWh. "Yesterday, the front quarter jumped EUR 3.10, so it is no big surprise that we see a correction today, probably triggered by milder end to the 10-day weather forecasts. We also see that the German power market has opened slightly down,” said Pål
Dienstag, 8.11.2011, 11:11 Uhr
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