Nordic forwards are plunging on Monday morning on the back of wet and mild weather forecasts, with contracts continuing to hit record lows and players struggling to say where prices could bottom out.
The Q1 12 contract last traded at an all-time low of EUR 35.90/MWh, down 1.45 from the last settlement. The contract has fallen from EUR 50.65/MWh on 7 November. The 2012 contract had meanwhile shed EUR 1.20 at EUR 36.30/MWh, which is still above the price of EUR 32.55/MWh in March 2009. ”Where is the bottom? It's hard to tell. Prices just keep sliding, with no signals pointin
Montag, 19.12.2011, 11:10 Uhr
Redaktion
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