Nordic power forwards are trading sideways on Thursday but have been given support by slightly drier weather forecasts and flat CO2 and German power markets, players said.
The Q1 11 contract was last seen at EUR 50.35/MWh, up 5 cents day on day after it been traded at 50.50/MWh earlier, while Year 2011 was up 10 cents at EUR 45.25/MWh. "Prices rose slightly on a drier EC 00 weather forecast. I also think that the market has got some support from the fact that CO2 has risen above EUR 15/t again and that the German Cal 11 is above EUR 48/MWh,” said a Danish
Donnerstag, 21.10.2010, 10:48 Uhr
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