Nordic power has recovered from a low opening on Tuesday morning as the weather forecasts remain cold and dry, but the market is very volatile, players said.
The Q1 11 contract traded in a wide range of EUR 58.10-60.10/MWh and was last seen at EUR 59.65/MWh, up 30 cents from the previous day. "It is very volatile now, after the rally of the last few days. There is a great risk on the downside,” said Erik Konstantin of Bixia.
"The outcome of the system price will give direction to the nearest contracts. The dry and cold wea
Dienstag, 16.11.2010, 10:49 Uhr
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