Nordic forwards are climbing further on the back of cold and dry weather on Friday morning, but prices have risen too much bearing in mind the weaker fuels and CO2, players said.
The February contract was last seen at EUR 61.50/MWh, up EUR 2.45 day on day. The front quarter had gained EUR 1.15 at EUR 47.90/MWh, while the YR-11 contract had risen EUR 0.20 at EUR 43.50/MWh. Dry and cold weather continued to drive up prices, but the rally, which had begun in early December, had gone too far, a Finnish trader said. "It's time to gradually start going short. Desp
Freitag, 29.01.2010, 10:52 Uhr
Redaktion
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