Nordic forward prices are falling on Friday morning due to wetter weather and weak spot prices, trader said.
The Q2 contract last traded at EUR 47.70/MWh at Nord Pool, down EUR 0.70 from Thursday. "We see another big fall today amid relatively small volumes. This is caused by by a spot price up to EUR 15-20/MWh lower than we expected last week," said a Norwegian trader.
There has been at lowering of hydropower producers' water values, combined with reduced consumption caused by a
Freitag, 5.03.2010, 11:22 Uhr
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