Nordic forwards are skyrocketing on Monday morning on the back of a soaring spot price and unstable nuclear production, traders said.
The Q1 11 contract had risen by EUR 3.15 to EUR 77.50/MWh, following an intraday high of EUR 79.05/MWh in early trading. The YR 11 contract had gained EUR 1.25 at EUR 58.25/MWh, having fallen from an earlier high of 58.95/MWh.
Meanwhile, the week 51 contract had gained EUR 9.25 at EUR 96.00/MWh. "It's the very scenario the market has feared, with cold weather, Swedish
Montag, 13.12.2010, 11:37 Uhr
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