Nordic power prices are falling with wet weather forecasts and lower German power on Monday morning, traders said.
The Q4 10 contract was last seen trading at EUR 46.95/MWh, down EUR 0.80 from Friday, while Year 2011 was down 55 euro cents at EUR 42.65/MWh at Nord Pool. "The weather forecasts remain wetter than normal, which partly explains the movement. Gas also continues down, underlying a further softness in the fuels markets. Many players are also back from holiday this week, which may help exacerbate
Montag, 16.08.2010, 10:41 Uhr
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