Nordic forwards are falling across the board on Thursday morning on the back of cheaper oil and a drop in German power prices, players said.
The Q4 09 contract was last seen at EUR 40.15/MWh at Nord Pool, down EUR 1.30 day on day, while YR 10 was last traded at EUR 37.30/MWh, down EUR 1.20.
"Oil is an important factor and of course the [wet] weather too," said Antti Kokkonen from Finnish portfolio managers Energiakolmio. Players were probably also taking stop-losses, he said. "Oil is particularly weak today," sa
Donnerstag, 2.07.2009, 10:31 Uhr
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