Nordic forward prices are moving sideways on Wednesday morning on mixed signals, albeit in an "extremely illiquid and calm market”, traders said.
The bellwether Q4 09 contract had gained EUR 0.20 at EUR 38.50/MWh at the time of writing, while the YR10 contract had shed EUR 0.15 at EUR 37.65/MWh.
Weather forecasts issued on Tuesday night were drier, though these were contradicted by wetter early morning forecasts. "There are mixed signals,” a continental trader said.
Thin turnover put a lid
Mittwoch, 22.07.2009, 11:24 Uhr
Andreas Kögler
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