Nordic forward prices are continuing up on Thursday, partly as a reaction to a strong fall earlier in the week, players said.
The bellwether Q2 11 contract opened down at EUR 53.00/MWh, but soon started to rise and was last seen at EUR 55.00/MWh, up EUR 1.10 day on day. "Given the very steep increase at the very end of yesterday's trading session, I wasn't surprised when prices opened down today. But then they have risen again. There is nothing in the weather forecasts that should trigger such big movement
Donnerstag, 20.01.2011, 10:59 Uhr
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