Nordic forward prices are falling on Monday morning on the back of a weakening German power market and slightly wetter weather forecasts, traders said.
The Q3 contract last traded at EUR 44.50/MWh at Nord Pool, down EUR 0.40 from Friday, while the Year 11 contract last traded at EUR 42.75/MWh, down EUR 0.15. "The market was very strong on Friday and is falling back a bit from those levels. The weather forecasts indicate a small change to more normal or even slightly wet weather. In addition the German power market is falling back after testi
Montag, 12.04.2010, 10:40 Uhr
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