Nordic power prices continue strengthening, and the price for the front quarter has reached its highest level ever.
The Q1-08 contract broke through the previous all time high level of EUR 55.25 this morning, as it rose to EUR 55.65 in early trade. The contract has then eased off and was last seen at EUR 55.30.Market players point to dry weather forecasts as one main driver this morning. "I think many players have been too certain of a downwards correction, and in particular did not expect the weather
Donnerstag, 18.10.2007, 11:17 Uhr
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