Nordic forward prices are falling on Tuesday morning due to weakening German power and softer fuels, traders said.
The front quarter contract last traded at EUR 46.60/MWh at Nord Pool, down EUR 1.75 from Tuesday. The YR 11 contract was last quoted at EUR 41.80/MWh, down EUR 1.60. Meanwhile, the German Q2 contract was last seen at EUR 37.45/MWh, or close to EUR 10 below the Nordic equivalent. "Low consumption and weakening prices in Germany push down prices further out on the curve while prevailing dr
Dienstag, 2.02.2010, 10:52 Uhr
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