Drier weather forecasts are pushing Nordic forwards up on Thursday morning.
The Q4 10 contract was last seen at EUR 46.50/MWh, up 90 cents day on day, while Year 2011 was up 50 cents at EUR 42.35/MWh. "Yesterday we saw a correction to the strong fall on Monday and Tuesday. But today the rise has been supported by drier weather forecasts. We are also witnessing a short squeeze where players find the exit door narrow when they try to cover their positions,” said
Donnerstag, 22.07.2010, 10:50 Uhr
Redaktion
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