Nordic forwards are plunging on Tuesday morning on the back of profit taking and milder weather, traders said.
The Q2 10 contract was last seen at EUR 43.70/MWh, down EUR 2.00 day on day, while the front year had shed EUR 1.25 at EUR 40.70/MWh.
Forwards were down across the board, with the closest weeks and months displaying the largest losses. This was mostly explained by profit taking, a Finnish trader said. "The YR 11 and YR 12 are becoming more driven by the marginal cost for co
Dienstag, 12.01.2010, 10:51 Uhr
Redaktion
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