Nordic forward prices are weakening on Monday morning due to bearish sentiment and weak coal prices, players said.
The Q2 09 contract last traded at EUR 30.25/MWh on Nord Pool, down EUR 1.30 from Friday.
"There is a very negative sentiment at the moment,” said analyst Andreas Persson at Telge Kraft in Sweden. "The coal price is very weak and probably a strong drive for the price fall for Nordic power, ” Persson said.
Although oil prices were up from Friday&apos
Montag, 23.02.2009, 12:10 Uhr
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