Nordic forward prices are sliding on Monday morning on the back of mild weather forecasts and weakening fuel prices, traders said.
The bellwether Q2 09 contract hit a low of EUR 34.40/MWh this morning, and was last seen at EUR 35.00/MWh at Nord Pool, down EUR 1.95 from Friday.
”The weather forecasts are slightly wetter than on Friday and the spot price for Monday was also quite low. In addition, oil prices are coming down this morning and the outlooks for the world economy do not look rosy,” sai
Montag, 19.01.2009, 10:02 Uhr
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