Nordic forwards are down on wet forecasts, traders said, but have recovered from early lows.
The Q4 10 contract was last seen at EUR 46.89/MWh, down 21 euro cents, while Year 2011 had lost 10 euro cents to EUR 42.50/MWh. "Gas and coal are weak and the forecasts remain wetter than normal. Therefore prices are coming down,” said a Danish trader.
Both fundamental and technical signals were "soft” this morning, although the Q4 had met some support and recov
Dienstag, 17.08.2010, 11:26 Uhr
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