Nordic forwards are drifting sideways on Wednesday morning, with the front end under pressure from wet weather and the years moving sideways in line with oil, traders said.
The Q4 09 contract was last traded at EUR 36.10/MWh, down EUR 0.20 on Tuesday's settlement, while the YR 10 traded at EUR 37.30/MWh, down EUR 0.10 on the previous close. YR 10 and onwards opened up on stronger crude oil, and briefly broke out the range at EUR 37.60/MWh. But the selling mood came back on softer German prices, a continental trader said, adding that CO2 and coal prices also o
Mittwoch, 5.08.2009, 11:04 Uhr
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